France Implements Tax on Digital Giants Amid Global Push for Fairer Taxes

France has officially implemented a digital services tax targeting large tech companies like Google, Amazon, and Facebook. The tax will apply to companies with global revenues exceeding €750 million, aiming to ensure they pay their fair share for operations in France.

The European Union is considering similar measures to address tax disparities between tech giants and local businesses. French authorities believe this tax will provide much-needed revenue to invest in public services and promote digital equity.

By Deep