France won't scrap tax on tech giants, despite Trump threats

France wants to tax tech giants like Google and Facebook. Now, French finance minister Bruno Le Maire its has said that despite US Prez Trump's threat of retaliatory tariffs on French wine, the country will implement the tax anyway. The 3% tax, which went into force this week, mainly concerns companies that use consumer data to sell online advertising.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2SHOhag
via IFTTT