The European Union’s inability to agree on taxing Internet giants like Google and Amazon shows the need for majority voting at the soon-to-be 27-member bloc, French Finance Minister Bruno Le Maire said.
“Finland, Denmark, Ireland and Sweden shouldn’t be allowed to block 23 countries from imposing a tax that they think is needed and just,” Le Maire said at a press conference in Paris as he presented a French tax that would apply to about 30 Internet giants like Facebook Inc and could raise €450mil (RM2.08bil) in its first year.
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