Sunday, July 14, 2019

France passes law to tax digital giants — Hazel Ward

France on Thursday became the first major economy to impose a tax on digital giants, with parliament passing the legislation in defiance of a probe ordered by President Donald Trump that could trigger reprisal tariffs.

The new law aims at plugging a taxation gap that has seen some internet heavyweights paying next to nothing in countries where they make huge profits.
Asia Times
France passes law to tax digital giants
Hazel Ward

No comments: