• France passes turnover-based tax Bill for tech giants despite US disapproval

    9 days ago - By ZDnet

    Tech companies making €750 million globally and €25 million in France will have to pay 3% of total annual revenues in tax.
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  • Google & Other Tech Companies Hit With New Digital Tax In France

    9 days ago - By Android Headlines

    France's Senate has greenlit a digital services tax, despite an earlier warning of retaliation by the U.S., as the country believes that the tax targets American technology companies unfairly. Under the new bill, internet companies will be required to pay 3-percent tax on revenue generated in France.
    The tax will be applicable to digital companies that rake in an annual global revenue of more than $850 million, with at least $28 million of the total sales coming from France. If the French President Emmanuel Macron signs the bill into law, it can go into effect this year only and is...
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