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EU should make Amazon, Facebook, Google pay fair share of taxes: France

Le Maire's comments come after Juncker said EU would respond if US imposed punitive tariffs on steel

(Flags of the countries of the European Union at an input in Europarliament) Image via Shutterstock
(Flags of the countries of the European Union at an input in Europarliament) Image via Shutterstock
Reuters AIX-EN-PROVENCE, France
Last Updated : Jul 09 2017 | 7:21 PM IST

Time has come for the European Union to make multinationals, such as US giants Amazon, Facebook and Google, pay their fair share of taxes, the French finance minister said on Sunday.

"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-en-Provence 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 to pay back taxes to EU countries have challenged their rulings.

Le Maire's comments come after the head of the European Commission, Jean-Claude Juncker, said the EU would respond if the United States imposed punitive tariffs on steel.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 09 2017 | 5:51 PM IST

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