Bank Of Baku

French Finance Minister:  France to introduce its digital tax while awaiting universal agreement

French Finance Minister:  France to introduce its digital tax while awaiting universal agreement
# 27 July 2019 16:33 (UTC +04:00)

French Finance Minister Bruno Le Maire has stated that Paris intends to proceed with the introduction of its digital tax on US tech companies while awaiting a universal agreement, APA reports citing Sputnik.

France has announced that it will impose levies on US digital giants with global annual sales over 750 million euros ($849 million) and sales in France of at least 25 million euros following the EU's failure to negotiate a European-wide tax.

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