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Le
Maire and his counterparts from the Group of Seven powers agreed
on Saturday to support a minimum rate of at least 15% in talks
under way at the Organisation for Economic Cooperation and
Development on rewriting the rules of cross-border taxation
among 139 countries.
Asked on BFM TV how much the minimum tax would yield in France,
Le Maire said: "It's still a bit hard to evaluate, but it's
several billion euros per year."
A separate pillar of the international talks is focused on how
to share out among different countries the right to tax the 100
biggest companies whose profits are considered to be beyond a
normal level.
Le Maire said that, under this pillar, France could expect to
see 500 million to 1 billion euros in extra tax revenue whereas
its existing digital services tax, which Paris has promised to
repeal once there is an international deal, generates about 450
million euros per year.
Some European countries had concerns that Amazon may fall
outside the proposals for taxing "super-profits" because its
overall operating margin is below the qualifying threshold of
10%.
Officials close to the talks said on Tuesday that G7 states had
found a way to include Amazon by specifically targeting its more
profitable cloud computing unit, which Le Maire said he was in
favour of.
"I would like us to segment out Amazon's activities so that what
is highly profitable is subject to this digital taxation," Le
Maire said. "Amazon must pay this tax."
(Reporting by Leigh Thomas; Editing by Kevin Liffey)
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