French Digital Tax Unfairly Penalizes U.S. Tech Companies

Elliot Grimm

The following statement is attributed to Gary Shapiro, president and CEO, Consumer Technology Association (CTA)®:

"The French digital services tax is harmful to the digital economy and leaves many U.S. technology companies footing the bill. France has great entrepreneurs and is increasingly an innovative country. But the path to success is by developing unicorns, not penalizing America's most successful companies. We support the USTR's investigation and hope we can continue to address digital tax challenges in order to keep our vibrant sector competitive."