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French Finance Minister: France to introduce its digital tax while awaiting universal agreement.

French Finance Minister Bruno Le Maire has stated that Paris intends to proceed with the introduction of its digital tax on US tech companies while awaiting a universal agreement, APA reports citing Sputnik.

France has announced that it will impose levies on US digital giants with global annual sales over 750 million euros ($849 million) and sales in France of at least 25 million euros following the EU's failure to negotiate a European-wide tax.

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Publication:Azeri-Press News Agency
Geographic Code:4EUFR
Date:Jul 27, 2019
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