France and Britain are hatching plans to tax the revenue, rather than the profit, of companies such as Facebook Inc. and Alphabet Inc.’s Google that make their sales primarily in cyberspace. They’re the first of potentially several countries in Europe implementing “digital taxes” meant to extract money from companies whose multinational earnings often escape the taxman’s grip thanks to legal loopholes and the virtual nature of their offerings. But the prospect of these laws has prompted a backlash from the U.S., which is threatening to use trade tools to retaliate.
AeroVironment to build backpackable attack UAV to enable ground troops to search-out and destroy targets | Military Aerospace Electronics
May 12, 2020