French lawmakers approve 3% tax on online giants - The Time 2019

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Thursday, July 4, 2019

French lawmakers approve 3% tax on online giants

France's lower house of parliament on Thursday approved a small, pioneering tax on internet giants like Google, Amazon and Facebook - and the French government hopes other countries will follow suit. The bill aims to stop multinationals from avoiding taxes by setting up headquarters in low-tax EU countries.

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