Tax on Netflix: 5.5 cents per gigabyte of traffic is planned to be collected as a fee from Google, Meta, Amazon and Netflix in France. The tax will likely fall on the shoulders of the French who simply use these services.
The internet providers will measure the volume of incoming data anonymously and transfer the information to the tax service. The maximum tax for companies is limited to 15% of their turnover in France or 2% of their global turnover.
According to experts, the tax is expected to bring in 10-11 billion euros per year to the French budget. The deputies have already approved the tax amendment.
In the past, the United States has threatened a trade war if Europe starts raising taxes on American technology companies or tries to restrict their work. Anyone can hurt American bigtech.