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PARIS (Reuters) - Europe has talked long enough about whether to make internet giants like Google (GOOGL.O), Apple (AAPL.O) and Facebook (FB.O) pay more taxes and it is time for a decision, French Finance Minister Bruno Le Maire said on Thursday. Le Maire said the blockage was purely political and that all technical questions surrounding how to impose a levy on revenues earned on online services in the European Union had been dealt with. President Emmanuel Macron’s government has led a push for firms with significant digital revenues in the European Union to pay more tax at source. Germany has long been cool to the idea, while smaller member-states with low corporate tax rates such as Luxembourg and Ireland firmly oppose the proposal.
“Enough of talking, Enough words, Enough excuses!” Le Maire said in an interview with Public Senat TV, “What’s getting in the way, as always in Europe, is a lack of political will, All the technical issues have been resolved.”, Le Maire has said a small or medium-sized company in an EU where to buy cufflinks near me country such as France, Germany or Italy on average pays 14 percentage points more in tax than Google, Amazon, Facebook and Apple, The European Commission has proposed that firms with large digital revenues in Europe pay a 3 percent tax on their turnover on their online services in the EU, That would bring in an estimated 5 billion euros ($5.78 billion)..
BRUSSELS/SAN FRANCISCO (Reuters) - Alphabet Inc’s (GOOGL.O) Google on Tuesday revamped how it distributes its mobile apps in the European Union, introducing a licensing fee for device makers to access its app marketplace in a response to regulators’ findings that it had broken antitrust law. The new arrangement opens doors for Google’s web search and browser rivals such as Microsoft Corp (MSFT.O) but essentially leaves the U.S. tech giant’s lucrative mobile business intact, analysts said.
The European Commission in July fined Google a record 4.34 billion euro ($5 billion) for using the market dominance of its mobile software to hinder rivals in areas such as internet search, Google is appealing the ruling but said it is complying in the meantime with the new licensing scheme for devices launched after Oct, 29 where to buy cufflinks near me in the European Economic Area, which comprises the 28 EU countries plus Iceland, Liechtenstein and Norway, Samsung Electronics Co (005930.KS), Huawei Technologies Co[HWT.UL] and other device makers will have to pay Google an undisclosed amount for access to the Google Play app store, In exchange, the hardware companies no longer have to install Google search and the Google Chrome browser, though they can do so for free if they want to..
Android smartphone makers will have increased flexibility to distribute search and browser apps from Google’s rivals such as Microsoft, Opera Ltd (OPRA.O) and Mozilla to develop devices with the operating system heavily customized. “The new arrangement simply changes the implicit exchange of value - access to the Play store in return for preinstaling Google Search and Chrome - into an explicit one,” of license fees, said James Cordwell, a financial analyst at Atlantic Equities.
Geoff Blaber, a technology analyst at CCS Insight, said that “Google has found a way to make sure Android continues to work in its favor.”, Shares of Alphabet closed up 2.9 percent on Tuesday, Mobile industry executives have generally thought that Europeans have little interest in devices without Google apps, But data breaches and privacy scandals involving U.S, tech companies such as Google and Facebook Inc (FB.O) have prompted some users to seek alternatives, Android device makers could turn to where to buy cufflinks near me other search engines, including lesser-known ones such as Qwant and DuckDuckGo, which tout their strict privacy practices, Both have said they were prevented from signing distribution deals with smartphone vendors in recent years because of Google’s restrictions..
Google’s hardware partners also will be free to market devices in Europe that run rival versions of Android, including Amazon.com Inc’s (AMZN.O) Fire OS. Such devices will not have access to the Play store though. “We’ll be working closely with our Android partners in the coming weeks and months to transition to the new agreements,” Hiroshi Lockheimer, Google senior vice president, said in a blog post. Amazon, Samsung and Huawei did not respond to requests to comment.
HOUSTON/SINGAPORE (Reuters) - In the middle of a Sino-U.S, trade war, the world’s largest publicly traded oil and gas company is turning toward Beijing for business at a where to buy cufflinks near me time when most of Corporate America is looking elsewhere to avoid the threat of tariffs, Exxon Mobil Corp is placing big bets on China’s soaring liquefied natural gas (LNG) demand, coupling multi-billion dollar production projects around the world with its first mainland storage and distribution outlet, Its gas strategy is moving on two tracks: expanding output of the super-cooled gas in places such as Papua New Guinea and Mozambique, and creating demand for those supplies in China by opening Exxon’s first import and storage hub, according to an Exxon manager and people briefed on the company’s plans..