Displaying items by tag: Digital tax

Despite threats of retaliation from the US, France has decided to go ahead with a 3% tax on big technology firms, asking them to pay the levy next month.

Much is being made of the fact that the government has told the ACCC to draft a mandatory code to make Google and Facebook (among others) pay for using content from Australian news publishers. But has anyone thought of how the US Government would react to this?

Search giant Google has agreed to comply with a French ruling that it must pay publishing companies and news agencies for re-using content they produce, a report says.

Italy will become the second European country to levy a tax on digital firms, with the country's parliament passing the necessary legislation which will take effect from 1 January 2020.

Search giant Google has reached a settlement with France and will pay about €965 million (US$1.07 billion, A$1.55 billion) to settle a fiscal fraud probe that has been going on for the last four years.

Despite US threats of an inquiry into its actions, France has passed a law to impose a 3% digital services tax on multinational technology companies like Google and Facebook.

France has passed a measure to impose a 3% tax on technology giants like Google, Facebook and Amazon, with the country's lower house of parliament voting to adopt a law that prevents multinationals from avoiding taxes by setting up headquarters in low-taxing EU countries.