<span style="color: #222222;">The French senate today approved a digital services tax despite threats of retaliation by the US, which argues that it unfairly targets American tech giants.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">The 3 percent tax will be levied on sales generated in France by multinational firms like Google and Facebook.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">The French government has argued that such firms headquartered outside the country pay little or no tax.</span><br />'' <span style="color: #222222;"><br />'' Meanwhile, the US administration has ordered an inquiry into the move &nbsp;which could result in retaliatory tariffs.</span><br />
News On AIR | July 11, 2019 7:55 PM
French Senate approves digital services tax despite threats by US