France may become the next ally to end up in a trade dispute with the U.S. over its proposed tax on the revenue of some of the world’s biggest tech companies, most of them American.
The proposed 3 percent tax on digital activities appears to be “highly discriminatory” to U.S. firms, Lafayette G. “Chip” Harter, deputy assistant secretary for international tax affairs at the Treasury Department’s Office of Tax Policy, said March 12 at an event in Paris. He said Treasury, the U.S. Trade Representative’s office, and lawmakers are “studying whether the discriminatory impact would give us rights under ...