Business | Schumpeter

A tech CEO’s guide to taxes

Silicon Valley v the tax man

THANKS FOR contacting me for an update on the international corporate-tax landscape. For global tech firms like yours, the headlines make worrying reading. A fragile transatlantic truce has been shattered. France has resumed collecting the digital-services tax it introduced in 2019, targeting tech firms (and catching others in the net). The outgoing Trump administration has lined up retaliatory tariffs on $1.3bn of posh French handbags, cosmetics and more, ready to pull the trigger. If America acts, the European Union may strike back against American products of equivalent value.

This article appeared in the Business section of the print edition under the headline “The game goes on”

Trump’s legacy: The shame and the opportunity

From the January 9th 2021 edition

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