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France defies US to adopt tax on tech giants

France has adopted tax on internet giants like Facebook and others

France has adopted tax on internet giants like Facebook and others Source: AAP

France has adopted a digital services tax despite threats of retaliation by the US, which argues that it unfairly targets American tech giants. The US will now investigate the move, as Australia remains firm in its decision to wait for a global consensus on such a tax.


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Updated

By Samantha Beniac-Brooks

Presented by Louie Tolentino

Source: SBS



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France has adopted a digital services tax despite threats of retaliation by the US, which argues that it unfairly targets American tech giants. The US will now investigate the move, as Australia remains firm in its decision to wait for a global consensus on such a tax.



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