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France will tax tech giants in 2019 if EU doesn’t step up

DATE POSTED:December 6, 2018

Plans for EU-wide digital services tax to prevent tax evasion were struck down this week as the proposal didn’t receive unanimous support from all 28 member states. This happened despite Germany and France‘s attempt to reach a consensus by proposing a bill full of concessions, which would specifically target behemoths like Google and Facebook. France isn’t taking the results lying down. French finance minister, Bruno Le Maire, has now upped the ante by announcing France‘s plans to enact its own tax on digital revenue in March 2019, if EU members cannot agree on a similar tax for the union, Reuters…

This story continues at The Next Web