A three percent tax on the French revenue of large internet companies could yield 500 million euros per year, French Finance Minister Bruno Le Maire said on Sunday.
The paper listed Google, Amazon, Facebook and Apple but also Uber, Airbnb, Booking and French online advertising specialist Criteo as targets. Fairer taxes are a key demand of the"yellow vest" protests seen across France in the past three months.
C'est tout? Et c'est ca qui sauce la France de la faillite? Mais de qui on se fou!
Or, and hear me out here, those tech companies will close their offices in France and the country will end up with zero in taxes and huge job losses. Ask NYC what happens when you try to squeeze a large tech company, oh say for example $AMZN
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