French plans to tax online giants face real-world obstacles


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France has put forward a proposal for an 'equalisation tax' that aims to make internet giants contribute to the public purse in proportion to their size. French finance minister Bruno Le Maire took the proposal, outlined in a letter co-signed by his German, Spanish and Italian counterparts to the Ecofin meeting of finance ministers in Tallinn, Estonia on September 14th-15th and won agreement to consider it.