France Passes Controversial Tax on Tech Companies

France has passed a controversial tax on “digital services” that will hit American tech giants, as the United States says it will investigate the plan.

Under the bill, just passed by the French Senate, tech companies with more than €750 million in global revenue and €25 million in French revenue will be required to pay a 3 percent tax on total annual revenue generated by providing services to French users.

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
https://www.editorandpublisher.com/news/france-passes-controversial-tax-on-tech-companies/
LinkedIn
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *