On t. W. This is you know we news live from berlin showdown in the gulf britain says a royal navy forget has driven off iranian boats trying to intercept a British Oil Tanker but iran denies there was any confrontation also coming up on the show a powerful storm devastated greece is from northern coastal areas leaving 7 dead and Dozens Injured plus a french lawmakers to vote for a Digital Services tax that washington says unfairly targets american tech giants
good to us speak airing out full but no other trade war this time with france. Its great to have you along everyone britain says 3 iranian boats attempted to intercept a British Oil Tanker near the persian gulf but were driven off by a Royal Navy Frigate iran has denied that its vessels tried to stop the tanker in the Strait Of Hormuz saying its boats were carrying out routine duty. The Strait Of Hormuz one of the worlds busiest Shipping Lanes through which a 3rd of the worlds seaborne oil passes. Irans navy is an active presence
a matter be fitting its relationship as allies that of taxation is a sovereign matter that should be left up to france. it can only hope that the u.s. will listen but what this of course this rao does do it is it sparks a debate about how to tax the internet economy something that a lot of countries and governments and policymakers are struggling with do you foresee in the immediate future other governments may be trying to introduce similar measures while there is a widespread consensus. the taxation the models for these kinds of companies just aren t able to keep up they ve been very good at not paying taxes where they make their profits which is everywhere in the world but just where they re headquartered meanwhile they re making so much money apple alone made close to $60000000000.00 in profits last year the european commission has said that business is in the traditional business as they face the taxation rate of about $23.00 per cent when you get to internet tax giants internet g
can the u.s. do to retaliate well 1st of all they ve already said that they re launching that probe. and 2 other american tech companies will be unfairly targeted by this law and interestingly they re using the same legal justifications that they used when they launched a probe into chinese technological processes and we know that that devolved into the trade war we re now seeing and the u.s. has said that with this particular process with france it is prepared to launch punitive trade measures if it sees fit now france of course has called on washington to settle this matter in a matter be fitting its relationship as allies that the taxation is a sovereign matter that should be left up to france it can only hope that the u.s. will listen but what this of course this raul does do it is sparks a debate about how to tax the internet economy something that a lot of countries and governments and policymakers are struggling with do you foresee in the immediate future other governments may b