CD Media
Business

France Approves Digital Tax On American Tech Giants, Defying US Trade Threat

France Approves Digital Tax On American Tech Giants, Defying US Trade Threat

France’s Senate approved a tax on the revenues of tech giants like Google, Amazon and Facebook on Thursday, defying a warning from the President Donald Trump administration that it “unfairly targets American companies.”

On Wednesday, Trump ordered an investigation into France’s planned “digital tax” on tech companies. The 3% tax would apply to the French revenues of roughly 30 major companies, mostly from the U.S…

To read more visit CNBC.

Related posts

Boeing Reports $11.9 Billion Loss In 2020, As China Looks To Overtake US In Wide-Body Jet Production

CD Media Staff

Winning! Whatfinger Takes Business From Newly Anti-Trump Drudge

CD Media Staff

Russia May Fine Google $82k For Not Hosting Client Data Within Russian Territory

CD Media Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!