French finance minister wants EU digital tax deal in 2019

Republic strongly against proposal to tax tech giants where revenues earned

French finance minister Bruno Le Maire believes tax payments from tech giants  should be financing roads and schools. Photograph: Getty

French finance minister Bruno Le Maire believes tax payments from tech giants should be financing roads and schools. Photograph: Getty

The European Union must lead the way on taxing global technology companies by adopting legislation early next year that would ensure they pay billions of euros in taxes in Europe, French finance minister Bruno Le Maire said in an interview.

Digital giants such as Google, Facebook and Amazon are in Europe often taxed on profits booked by subsidiaries in lower-tax countries such as the Republic or Luxembourg even though their revenues are earned across the union.

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