WASHINGTON, DC - John Murphy, Senior Vice President and Head of International at the U.S. Chamber of Commerce, issued the following statement on news that French legislators are actively deliberating measures to raise rates under the country’s digital services tax (DST):
"Digital services are one of the most powerful drivers of economic growth in France as in the United States. However, France’s unilateral digital services tax is an ‘own goal’ that drags on the country’s job creation and technological progress. The new proposal appears to exclusively target U.S. companies, which will likely spur retaliation impacting the broader French economy. Cooler heads must prevail. We urge French policymakers to reconsider the direct and indirect harm this initiative will inflict on French workers, consumers, and the economy.”
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