The United States shouldn't try to intimidate European countries over their efforts to tax top tech companies, the EU's commissioner for taxation told CNBC.
div > div.group > p:first-child"> Taxing digital companies, such as Facebook and Alphabet's Google, has become a priority for certain European governments, including France. Last week, Paris introduced a 3 percent duty on French revenues of roughly 30 major companies, mostly from the U.S. This policy sparked criticism in the U.S., where officials argued the tax is an attack on its own companies.
According to data from the Commission, digital companies pay on average an effective tax rate of 9.5 percent in the EU — compared to 23.2 percent for traditional businesses. "The United States opposes any digital services tax proposals whether they be French or U.K.," Harter added, according to Reuters.
The Commission — the executive arm of the EU — unveiled plans a year ago to tax companies where they actually generate business, rather than where they are headquartered.
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