France starts collecting tax on tech giants

There could be retaliation tariffs on French goods in the U.S.

The French government chose not to wait for other European countries and started working on its own local tax.

President Donald Trump and French President Emmanuel Macron reached a deal by promising that the French government would scrap the French tax as soon as the OECD finds a way to properly tax tech companies in countries where they operate.

France doesn’t want to wait for European tax reform to tax tech giants

US and France reach a compromise on France’s tax on tech giants

US could impose 100% tariffs on French goods following France’s tax on tech giants