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The French Parliament approved in first reading a tax on internet traffic for major foreign platforms such as Google, Netflix, Amazon and others. Trump will be furious because in the past, he has repeatedly said that he will respond to attempts to "go after" American Big Tech. The rate will be €0.055 for each gigabyte transferred to users in France. The authors of the amendment expect to collect about 10 billion euros a year.

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MarketTwits · · Source

🇫🇷 France · Map

The French Parliament approved in first reading a tax on internet traffic for major foreign platforms such as Google, Netflix, Amazon and others. Trump will be furious because in the past, he has repeatedly said that he will respond to attempts to "go after" American Big Tech. The rate will be €0.055 for each gigabyte transferred to users in France. The authors of the amendment expect to collect about 10 billion euros a year.

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