France to go ahead with new tax on major tech companies from January 1

“The tax will be introduced whatever happens on 1 January and it will be for the whole of 2019, for an amount that we estimate at €500 million,” said Bruno Le Maire during a press conference in Paris.The measure “could be introduced as part of the PACTE bill (designed to foster economic growth)”, which was approved at the first reading in Parliament, and should be brought before the S…

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