Google, Amazon tax shows need for EU majority vote, France says

FILE PHOTO: The logo of Amazon is pictured inside the company's office in Bengaluru, India, April 20, 2018. Picture taken April 20, 2018. REUTERS/Abhishek N. Chinnappa/File Photo

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.