Call for US gi­ants to pay their fair share of taxes

The Star Early Edition - - INTERNATIONAL -

TIME HAS come for the EU to make multi­na­tion­als, such as US gi­ants Ama­zon, Face­book and Google, pay their fair share of taxes, the French fi­nance min­is­ter said yes­ter­day. “I can tell you that the times we live in are not for the weak,” Bruno Le Maire told a con­fer­ence in the south­ern French city of Aix-enProvence where many French and in­ter­na­tional ex­ec­u­tives gather ev­ery year. “Since we have to deal with Mr Putin, Mr Trump or Mr Er­do­gan, it’s time for Europe to pull it­self to­gether and de­fend its own in­ter­ests, to make Google, Ama­zon and Face­book pay the taxes they owe in Europe,” he said. US com­pa­nies such as Ap­ple and Star­bucks that were re­cently or­dered by the Euro­pean Com­mis­sion (EC) to pay back taxes to EU coun­tries have chal­lenged their rul­ings. Le Maire’s com­ments come af­ter the head of the EC, Jean-Claude Juncker, said the EU would re­spond if the US im­posed puni­tive tar­iffs on steel. – Reuters

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