French tax on Internet giants could yield €500mil per year: Le Maire


  • TECH
  • Monday, 04 Mar 2019

The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid

PARIS: A 3% tax on the French revenue of large Internet companies could yield €500mil (RM2.31bil) per year, French Finance Minister Bruno Le Maire said on March 3. 

Le Maire told Le Parisien newspaper the tax is aimed at companies with worldwide digital revenue of at least €750mil (RM3.47bil) and French revenue of more than €25mil (RM115.71mil). 

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