2019-08-26 Bloomberg Businessweek

(Frankie) #1
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In July, France imposed a 3 percent tax on Big Tech’s revenues.
The UK and 25 other countries may do the same.

Today’senterprisesshouldconsiderpossibleimpactsnow.
KPMG’sprofessionalshelptheirclientsunderstandglobaltax
developmentsandassimilatethemastheyhappen.

Anticipatetomorrow. Delivertoday.

BrettWeaver
Partner,KPMG

Learnmoreaboutthefuture ofdigitalservicestaxes,
visit:read.kpmg.us/digital-economy

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“The U.S. government’s response is these taxes
are discriminatory towards U.S. tech giants. The
United States wants an international agreement
which would tax all multinationals, not just the
tech titans. So how will the standoff end? My
bet is if we can reach a global consensus it will
affect every business, whether you’re a consumer
goods company, a manufacturer, or a tech giant.”
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