French tax on internet giants could yield €500 million per year: Le Maire

Posted in: Government & Policy at 04/03/2019 01:16

A three percent tax on the French revenue of large internet companies could yield €500 million (£568.5 million) per year, French Finance Minister Bruno Le Maire said on Sunday.

Le Maire told Le Parisien newspaper the tax is aimed at companies with worldwide digital revenue of at least 750 million and French revenue of more than €25 million.

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