Rappler's latest stories on GAFA tax
Macron says France would scrap its own digital tax once a new international levy being discussed among 134 OECD countries is in place. France hopes it will be ready in 2020.
The legislation – dubbed the GAFA tax – an acronym for Google, Apple, Facebook and Amazon – is passed by a simple show of hands in the Senate upper house after previously being passed by the National Assembly lower chamber
The probe into unfair trade practices could pave the way for Washington to impose punitive tariffs – something Trump has done repeatedly since taking office.
Having failed to persuade his European partners to introduce an EU-wide tax, France will go it alone with its own new mechanism
Qualified companies will be levied a maximum of 5% of its sales, representing around 500 million euros annually for France