France To Tax Digital Giants From 2019, Says Finance Minister


France To Tax Digital Giants From 2019, Says Finance Minister

Finance Minister Bruno Le Maire on Thursday stated France will tax digital giants at a national level from 2019 if European Union states cannot reach an agreement on a tax on digital revenues for the bloc.

EU finance ministers detained to agree on a tax on digital revenues on Tuesday, despite the last minute Franco-German plan to salvage the proposal by narrowing its focus to companies like Google and Facebook.

“I am giving myself until March to reach a deal on a European tax on digital giants,” Le Maire told France 2 television.

“If it doesn’t work out, we will do it at a national level, from 2019,” he added.

The setback in Brussels this week was a blow to French President Emmanuel Macron, whose government has invested considerable political capital in the tax.

Previous West Bengal govt denies permission to Amit Shah’s rath yatra
Next Sidhu on ‘brink of losing’ his voice, advised complete rest few days

No Comment

Click on a tab to select how you'd like to leave your comment

Leave a reply

Your email address will not be published.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