Google, Facebook Inc and Amazon.com Inc are all scheduled to testify in Washington on Monday in support of the Trump administration’s efforts to potentially punish France for enacting a 3% tax on global tech companies. — Bloomberg
The relationship between US President Donald Trump and the largest US technology companies has often been frosty but a common opponent – France’s plan to tax US tech giants – will bring the two sides together, at least temporarily.
Alphabet Inc’s Google, Facebook Inc and Amazon.com Inc are all scheduled to testify in Washington on Monday in support of the Trump administration’s efforts to potentially punish France for enacting a 3% tax on global tech companies with at least €750mil (RM3.47bil) in global revenue and digital sales of €25mil (RM115.92mil) in France.
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