France’s tech tax is wrong and so is Trump’s response: opinion

'Because France is enacting it in isolation, it

Fed up with big technology multinationals, most of which just happen to be American, France wants to tax them more heavily.

Last week, French lawmakers passed a measure that would impose a tax of up to 5% on digital companies with annual global revenue of more than US$845mil (RM3.4bil) and local revenue of more than US$28mil (RM115mil).