Remove Regulation Remove social media Remove Taxes Remove United States
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US Treasury: Taxes On Digital Companies Are Discriminatory

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Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ).

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

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Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Larry Hogan vetoed the levy.

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For Big Tech, Antitrust Scrutiny Deepens

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The requests come on top of a busy week in antitrust investigations where, as has been widely reported, a group of 50 attorneys general stood on steps of the United States Supreme Court on Monday and announced an investigation into Google’s advertising practices. On the Continent — and Taxes in Sight.

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Let’s Talk About European Attitudes Toward US Tech Firms

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The latest episode had French President Emmanuel Macron telling executives from major technology companies — including Facebook, Microsoft, Intel and IBM — that innovation needs to be accompanied by tough regulations and societal contributions. “I technological might when it comes to social media, eCommerce and the digital world.

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Regulatory Tracker: Sandboxes Gain, While Cryptos Wane

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Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The secretary of the Commonwealth in Massachusetts has put the brakes on five initial coin offerings in that state. Sandboxes are finding their way into the FinTech arena in the United States.

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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

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Regulation. The Digital Services Act will be one of the regulations, which Vestager said will revise the eCommerce Directive and will make digital services take additional responsibility for contending with “illegal content and dangerous products.”. The Digital Markets Act is a second set of regulations. and Facebook Inc.

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Screen Scraping And The Dilemma Of Data

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But as he noted, “on the other side, it’s also understandable that competition authorities would like to open up the markets more and to bring in third-party service providers, which are less regulated than banks, but still enough to ensure secure and compliant services.”.

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