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Leading House Republican On French Digital Tax
The Price of Business Digital Network is a leader in providing thoughtful news and information on the important stories of the day. Here's the latest from a PoB Digital Network Member., 7/11/2019 - FROM USA BUSINESS RADIO

Today, the leading Republican on the powerful House Ways and Means Committee, Kevin Brady (R-TX) released the following statement after the United States Trade Representative announced that the Administration is launching an investigation under Section 301 in response to France’s steps toward implementing a new digital sales tax:

“I commend President Trump and Ambassador Lighthizer for taking this important step to hold France accountable for imposing a digital tax that directly and inexcusably targets a handful of U.S. companies.

“I have long urged France and other countries to avoid pursuing unilateral tax policies that amount to naked revenue grabs, and instead engage in the ongoing multilateral process at the OECD, where the United States is heavily involved under the leadership of Secretary Mnuchin.

“France’s action compels the U.S. government to pursue all available trade and tax tools, including this investigation, to ensure a fair and level playing field for U.S. companies. I strongly support the initiation of this...



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