Wednesday, March 6, 2019

France Targets Amazon, Google, Facebook for an Annual $500 Million Tax Boost

France is targeting large technology firms such as Google, Amazon, Facebook, Apple, and others in a move that could fetch the French nation about $500 million. French Finance Minister Bruno Le Maire said on Sunday in an interview with Le Parisien newspaper. Le Maire said the tax targets companies with a worldwide digital turnover of at least 750 million euros and French revenue of more than 25 million euros. The target will see over 30 companies paying the taxes, mostly American, Chinese, and British, as well as several firms with French origins that have been bought by foreign companies. The French nation’s

The post France Targets Amazon, Google, Facebook for an Annual $500 Million Tax Boost appeared first on CCN



source https://www.ccn.com/france-slams-google-facebook-amazon-taxes

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