PARIS:
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
France will introduce its own tax on large internet and technology companies from January 1, Finance Minister Bruno Le Maire said today amid difficulties in finalising a new EU-wide levy.
France has been pushing hard for a new so-called "GAFA tax" -- named after Google, Apple, Facebook and Amazon -- to ensure the global giants pay a fair share of taxes on their massive businesses in Europe.
The Finance Minister said the new tax would raise 500 million euros (570 million dollars) in 2019.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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