France’s tax on tech giants is happening

Is it happening? Is it not happening? After years of back and forth, it looks like the new tax on tech giants in France is about to become a law. Big tech companies that generate significant revenue in France will be taxed on their revenue generated in France. France’s Economy Minister Bruno Le Maire has been lobbying for a new tax so that tech giants would stop optimizing their European corporate structure to lower their effective tax rate.

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