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France reinstates digital tax, courting trade war — Bjarke Smith-Meyer, Elisa Braun

Summary:
Washington is pushing to make the tax regime voluntary — a position Le Maire strongly opposes, as most of the biggest tech firms hail from the U.S.A voluntary "tax" is not a tax. Simple as that. If it's voluntary, it's charity (philanthropy).POLITICOFrance reinstates digital tax, courting trade warBjarke Smith-Meyer, Elisa Braun

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Washington is pushing to make the tax regime voluntary — a position Le Maire strongly opposes, as most of the biggest tech firms hail from the U.S.

A voluntary "tax" is not a tax. Simple as that. If it's voluntary, it's charity (philanthropy).

POLITICO
France reinstates digital tax, courting trade war
Bjarke Smith-Meyer, Elisa Braun
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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