France stays firm in face of US over plans to tax digital giants

French economy and finance minister Bruno Le Maire said plans to introduce a national tax on digital tech firms, including Google, Facebook and Amazon 'will be unchanged' unless an international agreement on the subject is reached by the end of 2020, despite US threats of slapping retaliatory tariffs on French products like wine, cheese and luxury goods.

Reading articles is for subscribers only. Subscribe now.

France held firm on its plans to resume collection of a national digital tax that hits technology giants including Amazon, Alphabet’s Google and Facebook, saying it wouldn’t be swayed by threats of US sanctions, reports The Irish Times.