France is going to Tax Technology Titans in 2019

France is going to Tax Technology Titans in 2019

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Strategies with regard to EU-wide electronic digital services tax so as to avoid tax dodging by the technology titans, were simply overruled this week, since the proposition did not get consensual back up directly from all of the 28 registered member states.

The battle of the Technology Titans and Taxes continues – Archived Photo

 

This occurred in spite of Germany and France’s efforts to reach an agreement by recommending a bill filled with concessions, that was primarily aimed at behemoths Technology Titans such as Google and even Facebook.

France will not be taking the outcomes relaxing.

The French financial affairs official, Bruno Le Maire, has raised the stakes when he made publicFrance’s plan of actions to bring about its very own taxation for digital income by March 2019, in the event that EU registered members might not see eye to eye on a comparable tax obligation regarding the union, Reuters reported.

 

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