General World News

Under Biden, Europe Hopes for Compromise in US Digital Tax Debate

For years, the European Union has been leading the fight to impose a global tax on technology multinationals. After years of resistance by the Trump administration, the Europeans now hope the incoming Biden administration will be willing to compromise – or face a possible digital tax.

Google, Amazon, Facebook and Apple: four companies dubbed as GAFA in France by those who criticize what they say are the multinationals’ avoidance of European taxes.

The projected outcome of the presidential vote in the United States did not change Europeans’ eagerness to tackle the issue with a Biden administration after years of resistance by the Trump details ⇒

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