France, Not Waiting for European Union, to Tax U.S. Tech Firms as '19 Starts

Posted in: Government & Policy at 19/12/2018 22:41

With the so-called Yellow Vest movement forcing concessions that have widened the country’s budget shortfall, the French government is accelerating a plan to place hefty taxes on American technology giants that have long maneuvered to keep their bills low while reaping huge sums of money.

France has been working with other countries on a European Union-wide digital tax on companies including Amazon, Apple, Facebook and Google, but some members of the bloc have balked at the proposal.

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