France unveils plan to tax Internet giants revenue


  • TECH
  • Wednesday, 06 Mar 2019

FILE - In this Jan.31, 2019 file photo, a trunk full of fake bank notes is displayed as activists from anti-globalization organisation Attac stage a protest at Google's Paris headquarters to criticize the company's tax evasion policies, in Paris. The French government is unveiling plans to slap a 3 percent tax on the French revenues of internet giants like Google, Amazon and Facebook. (AP Photo/Francois Mori, File)

PARIS: The French government unveiled plans March 6 to slap a 3% tax on the French revenues of Internet giants like Google, Amazon and Facebook.  

The bill outlines how digital companies with worldwide revenues over €750mil (RM3.46bil), including French revenue over €25mil (RM115.56mil), will be taxed. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

‘Harvesting data’: Latin American AI startups transform farming
Tech giants agree to child safety principles around generative AI
What next for TikTok as US ban moves a step closer?
Translation platform DeepL launches AI assistant for crafting texts
Preview: ‘Dune: Awakening’ takes fans to Arrakis and forces them to survive a wasteland
Young Europeans are spending money in the metaverse
This exoskeleton can boost your physical capabilities
This AI-focused chip is powered by light
Study warns users about health information on TikTok
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports

Others Also Read