Zuckerberg to face pressure on taxes in meeting with Macron - Tech News - News Summed Up

Zuckerberg to face pressure on taxes in meeting with Macron - Tech News


PARIS: Fresh from saying “sorry” to European lawmakers, Facebook CEO Mark Zuckerberg holds talks with Emmanuel Macron on Wednesday where he will face renewed pressure over his company’s tax policies. Macron “is looking to start a dialogue” with tech bosses “to have discussions that will sometimes be frank and direct, to talk about regulation and international governance”, an aide said. Zuckerberg has been invited along with around 60 other tech bosses including Microsoft’s Satya Nadella, Uber’s Dara Khosrowshahi, IBM’s Ginni Rometty, SAP’s Bill McDermott and Jimmy Wales from Wikimedia. After their talks at the Elysee Palace on Wednesday, the tech bosses are set to attend workshops to discuss the future of work in the afternoon and the meeting will be concluded by Prime Minister Edouard Philippe. Despite Macron’s efforts to push his European partners into creating a new tax system for multinational tech companies, talks have stalled due to resistance from EU members such as Ireland.


Source: The Star May 23, 2018 10:30 UTC



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