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Tuesday 20th March 2018

French Parliament Passes Law Taxing Digital Giants

Business

7Dnews London

Thu, 11 Jul 2019 10:29 GMT

The French parliament on Thursday July 11th passed a law taxing internet giants that has angered the United States and prompted Washington to open an investigation, AFP has reported.

The legislation - dubbed the GAFA tax -- an acronym for Google, Apple, Facebook and Amazon - was passed by a simple show of hands in the Senate after previously being passed by the National Assembly lower chamber.

Europe