Close Menu
  • English
  • Featured
    • AI & Robotics
    • Energy
    • Finance
    • Leisure
    • Science
    • Security
    • Sustainable Development
    • Tech
    • Transport
  • About Us
  • Advertising
  • Contact Us

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Trending
Illustration of "super-dwarf" rice plants growing in a space habitat, generated by artificial intelligence.
“We Engineered the Perfect Space Food”: US Scientists Unveil Super-Dwarf Plant Designed to Keep Astronauts Alive and Thriving on Years-Long Missions to Mars
Illustration of the ambitious plan by Colossal Biosciences to resurrect New Zealand's extinct giant moa birds, created by artificial intelligence.
“We’re Bringing Back a Prehistoric Monster”: Colossal’s US Scientists Set to Resurrect New Zealand’s Giant Bird, Sending Shockwaves Through Global Conservation
Illustration of a humanoid robot participating in a high school graduation ceremony in China, generated by artificial intelligence.
“Robot Walks Across the Graduation Stage”: China’s Humanoid Stuns Teachers and Students as It Earns a Real High School Diploma, Triggering Nationwide Debate
Facebook X (Twitter) LinkedIn RSS
Rude Baguette
Facebook X (Twitter) RSS
Newsletter
  • Featured
  • AI
    Illustration of a humanoid robot participating in a high school graduation ceremony in China, generated by artificial intelligence.

    “Robot Walks Across the Graduation Stage”: China’s Humanoid Stuns Teachers and Students as It Earns a Real High School Diploma, Triggering Nationwide Debate

    July 11, 2025 at 12:12 PM
    Illustration of the Black Panther II robotic dog developed by Mirror Me, surpassing speed records in the robotics industry.

    “China’s Black Panther Leaves Boston Dynamics in the Dust”: Record-Smashing Robot Dog Surges Past US Rivals, Stunning the Global Tech Community Overnight

    July 11, 2025 at 7:04 AM
    Illustration of a humanoid robot engaging in multilingual communication, generated by artificial intelligence.

    “Robot Greeters Now Speak 15 Languages”: Realbotix Unleashes Multilingual Androids Into US Hotels, Transforming Guest Service and Shaking the Global Hospitality Market

    July 11, 2025 at 6:04 AM
    Illustration of advanced robotic vision sensor technology adapting to lighting conditions, generated by artificial intelligence.

    “These Robot Eyes See What We Can’t!”: Breakthrough Technology Lets Machines Outspeed Human Vision by Reacting to Blinding Light Five Times Faster

    July 9, 2025 at 6:11 AM
    Illustration of BurgerBot robots assembling burgers in a fast-food restaurant. Image generated by AI.

    “We Just Replaced the Line Cook”: BurgerBot in California Automates Fast Food With Lightning Speed and Zero Human Error

    July 7, 2025 at 5:10 PM
  • Energy
    Illustration of the Wendelstein 7-X stellarator's record-breaking nuclear fusion performance. Image generated by AI.

    “We’ve Never Reached This Level Before”: German Scientists Smash Nuclear Fusion Record in Leap Toward Infinite Clean Energy

    July 6, 2025 at 8:58 AM
    Illustration of the assembly of the ITER vacuum vessel by Westinghouse Electric Company. Image generated by AI.

    “We’re Building the Heart of a Star”: Westinghouse to Assemble Core of the World’s Largest Fusion Reactor in Historic First

    July 4, 2025 at 10:00 AM
    Illustration of Elon Musk's xAI gas power plant project in Memphis. Image generated by AI.

    “Elon Musk’s AI Power Grab Spirals”: 26 Titanic Gas Turbines Roaring at 1.4 GW—But No One Approved Them

    July 3, 2025 at 5:10 PM
    Illustration of Huawei's groundbreaking solid-state battery technology promising an 1,864-mile range. Image generated by AI.

    “We Just Crushed EV Limits”: Huawei Unveils Electric Car With 3,000 Km Range and 5-Minute Full Recharge Capability

    July 3, 2025 at 10:12 AM
    Illustration of a groundbreaking electric vehicle battery capable of charging to 80% in just 10 minutes. Image generated by AI.

    “1,000 Cycles, 10-Min Charge”: US Scientists Stun Auto Industry With Ultra-Fast, Long-Life EV Battery Breakthrough

    July 2, 2025 at 7:00 AM
  • Finance
    Illustration of James Howells searching for his lost Bitcoin hard drive in a landfill. Image generated by AI.

    “He’s Still Digging”: Man Who Lost $700 Million in Bitcoin 12 Years Ago in a Dump Faces Stunning New Twist in His Hunt

    June 13, 2025 at 9:05 AM
    Illustration of a lost hard drive containing 8,000 Bitcoins buried in a landfill. Image generated by AI.

    He Just Gave Up €200 Million in Bitcoin: After 12 Years of Digging Through Trash, the Lost Hard Drive Is Gone for Good

    May 30, 2025 at 7:14 AM
    Illustration of a man sleeping with black tape over his lips. Image generated by AI.

    “Doctors Sound the Alarm”: Viral Mouth Taping Trend Called Dangerous and Completely Unproven by Leading Medical Experts

    May 25, 2025 at 8:02 AM
    Illustration of Visa's integration of AI systems into digital payments (AI-generated, non-realistic illustration). Credit: Ideogram.

    Visa’s AI Is Now Shopping for You: This Robot May Soon Swipe Your Card Automatically—and Mess With Your Mind

    May 4, 2025 at 8:07 AM
    Microsoft Strikes Unprecedented Deal: World's Largest CO2 Removal at 7.44 Million Tons, Setting New Environmental Milestone

    “Microsoft Strikes Historic Climate Deal”: World’s Largest CO2 Removal Pact Targets 6.75 Million Tons in Unmatched Green Push

    April 19, 2025 at 9:55 AM
  • Leisure
    Illustration of Shebara Resort's futuristic, pod-like villas shimmering above the Red Sea. Image generated by AI.

    “Solar Villas Rise on the Red Sea”: Shebara Resort Unveils Ultra-Futuristic Eco-Luxury Powered Entirely by the Sun

    June 30, 2025 at 9:06 AM
    Illustration of the world's largest Legoland theme park in Shanghai, featuring eight themed zones and a 250-room hotel. Image generated by AI.

    “China Builds the Unthinkable”: World’s Largest Legoland Ever Made Opens Soon After $550 Million Mega Investment

    June 27, 2025 at 7:06 AM
    Illustration of Quentin Tarantino endorsing the Netflix film Havoc. Image generated by AI.

    “It’s Really Badass”: Tarantino Raves About This Explosive Tom Hardy Action Film That Just Dropped as a Netflix Exclusive

    June 23, 2025 at 5:50 AM
    Illustration of a Nintendo Direct event focused on Donkey Kong Bananza for the Nintendo Switch 2. Image generated by AI.

    “This Hero Smashes Everything”: Nintendo Switch 2’s Most Explosive Star Will Dominate the Nintendo Direct in 48 Hours

    June 22, 2025 at 4:53 PM
    Illustration of Sony's vision for the future of gaming with the anticipated PS6. Image generated by AI.

    “Next-Gen Is Coming”: Sony President Drops First Official PS6 Statement That Sets the Tone for the Future of Gaming

    June 22, 2025 at 4:11 PM
  • Science
    Illustration of "super-dwarf" rice plants growing in a space habitat, generated by artificial intelligence.

    “We Engineered the Perfect Space Food”: US Scientists Unveil Super-Dwarf Plant Designed to Keep Astronauts Alive and Thriving on Years-Long Missions to Mars

    July 11, 2025 at 5:12 PM
    Illustration of the ambitious plan by Colossal Biosciences to resurrect New Zealand's extinct giant moa birds, created by artificial intelligence.

    “We’re Bringing Back a Prehistoric Monster”: Colossal’s US Scientists Set to Resurrect New Zealand’s Giant Bird, Sending Shockwaves Through Global Conservation

    July 11, 2025 at 3:57 PM
    Illustration of triple-star systems influencing the formation of explosive white dwarf pairs, generated by artificial intelligence.

    “Third Star Hijacks the Universe”: Astronomers Stunned as Explosive White Dwarf Pairs Are Suddenly Born in Ways Nobody Thought Possible

    July 11, 2025 at 9:08 AM
    Illustration of Lockheed Martin's proposed streamlined spacecraft for NASA's Mars Sample Return mission, generated by artificial intelligence.

    “Lockheed Martin Promises to Slash Billions”: New Mars Mission Plan Unveiled With Bold Cost-Cutting Measures That Could Accelerate Human Exploration

    July 10, 2025 at 9:02 AM
    Illustration of the isolation of a lone spinon in quantum magnetism, generated by artificial intelligence.

    Unprecedented Quantum Discovery: Scientists Isolate Individual Spinon, Unlocking a Dramatic Leap Forward for Magnetic Science

    July 10, 2025 at 7:07 AM
  • Security
    Illustration of an AI-generated impersonation attempt involving Marco Rubio contacting officials.

    “Fake Marco Rubio Is Hunting Congress”: AI Clone Exposed as Ruthless Scam Machine Targeting US Politicians Through Signal, Unleashing Panic on Capitol Hill

    July 11, 2025 at 10:01 AM
    Illustration of Scattered Spider hackers targeting the aviation sector. Image generated by AI.

    “FBI Issues Maximum Alert”: These Ruthless Scattered Spider Hackers Now Target Civil Aviation With Unprecedented Cyber Assault

    July 3, 2025 at 4:04 PM
    Illustration of North Korean hackers using AI tools like ChatGPT for cryptocurrency theft. Image generated by AI.

    “AI in the Wrong Hands”: North Korean Hackers Exploit ChatGPT to Steal Millions While Malaysian Funds Vanish in Digital Heist

    July 1, 2025 at 11:49 AM
    Illustration of the Oreshnik hypersonic missile, a key element in Russia's military strategy. Image generated by AI.

    “Putin Orders Mach 10 Missile Surge”: Russia Escalates Hypersonic Arsenal With Terrifying New Strike Capabilities Ready for Deployment

    June 30, 2025 at 4:02 PM
    Illustration of a Chinese satellite capable of identifying human faces from over 62 miles away. Image generated by AI.

    “China Can See Your Face From Space”: New Spy Satellite Sparks Global Alarm With Its Unprecedented Orbital Surveillance Power

    June 10, 2025 at 3:53 PM
  • Impact
    Illustration of Ethiopia's planned 62-story skyscraper in Addis Ababa, as an artificial illustration.

    Skyscraper Showdown: Ethiopia’s Daring Comeback Promises to Crown a New Sub-Saharan Giant and Transform the Nation’s Skyline Forever

    July 9, 2025 at 4:47 PM
    Illustration of Frank Lloyd Wright's visionary skyscraper, The Illinois. Image generated by AI.

    “We Dreamed Bigger Than Anyone”: Frank Lloyd Wright’s Unrealized Mile-High Tower Would Have Crushed the Burj Khalifa

    July 7, 2025 at 9:06 AM
    Illustration of Saudi Arabia's seed-inspired stadium with a 92,000-seat capacity. Image generated by AI.

    “We Wanted It to Grow From the Earth”: Saudi Arabia Unveils Seed-Inspired Stadium With Jaw-Dropping 92,000-Seat Capacity

    July 6, 2025 at 3:49 PM
    Illustration of the Khalid Bin Sultan City in Sharjah, UAE, featuring a central oasis park and fluid architectural designs. Image generated by AI.

    “We’re Building the Future in the Desert”: Zaha Hadid Architects Unveil Futuristic UAE City With a Lush Oasis at Its Heart

    July 6, 2025 at 6:50 AM
    Illustration of a biodegradable memory chip dissolving in water. Image generated by AI.

    “Chip Melts in Water, Not Under Pressure”: Biodegradable Memory Tech Survives 3,000 Bends Before Vanishing Without a Trace

    July 2, 2025 at 9:02 AM
  • Tech
    Illustration of NVIDIA's Helix Parallelism technology revolutionizing AI data processing, artificially generated.

    “NVIDIA Helix Destroys AI Lag Forever”: Ultra-Powerful System Instantly Transforms Stalled Chatbots Into Million-Word, Lightning-Fast Assistants for US Businesses

    July 11, 2025 at 7:49 AM
    Illustration of the Downtown Residences skyscraper in Dubai's Business Bay, showcasing luxury living and innovative design, generated by artificial intelligence.

    “Dubai’s Skyline Will Never Be the Same Again”: This 1,500-Foot Residential Skyscraper Promises a New Era of Ultra-Luxury Living

    July 10, 2025 at 11:57 AM
    Illustration of Jack Dorsey's Bitchat app enabling offline messaging through a peer-to-peer mesh network, generated by artificial intelligence.

    “Jack Dorsey’s Offline Messaging Bombshell”: Bitchat Launches Peer-to-Peer App With End-to-End Encryption and Zero Tracking for Total Privacy

    July 10, 2025 at 8:06 AM
    Illustration of Huawei and Alibaba logos clashing in a digital landscape, representing the AI model dispute.

    “Huawei Accuses Alibaba of Crossing the Line”: Explosive AI Model Leak Triggers Unprecedented Showdown Between China’s Biggest Tech Giants

    July 10, 2025 at 6:03 AM
    Illustration of the Jeddah Tower construction site resuming in Saudi Arabia, generated by artificial intelligence.

    “They’re Back and Building Higher Than Ever!”: $26 Billion Jeddah Tower Construction Roars Ahead, Set to Obliterate All Records as the World’s Tallest Structure

    July 9, 2025 at 3:52 PM
  • Transport
    Illustration of the striking retro-modern design of the Oilstainlab HF-11 hypercar, generated by artificial intelligence.

    “Feel the Rush of 1,500 Horses”: This Stunning Oilstainlab HF-11 Hypercar Redefines Power and Design with a Jaw-Dropping 200 MPH Top Speed

    July 10, 2025 at 5:05 PM
    Illustration of a proposed bridge or tunnel connecting Saudi Arabia and Egypt across the Red Sea, generated by artificial intelligence.

    “Bridging Kingdoms, Defying Seas”: Bold Saudi Arabia and Egypt Plan for 100-Mile Red Sea Crossing Stuns Global Observers

    July 10, 2025 at 4:07 PM
    Illustration of the Mercedes-Benz VLE van redefining electric luxury travel, created by artificial intelligence.

    “Mercedes-Benz VLE Changed My View of Luxury”: This Electric Van Unleashes Unmatched Comfort and Redefines High-End Road Travel in America

    July 10, 2025 at 9:46 AM
    Illustration of the Mercedes AMG Concept GT XX showcasing its innovative design and technology. Image generated by AI.

    This Insane 1,340-HP AMG Concept Car From Mercedes Hits 220 MPH and Charges Faster Than Anything on the Road

    July 8, 2025 at 4:12 PM
    Illustration of the Honda Fastport eQuad navigating urban streets for efficient deliveries. Image generated by AI.

    Urban Delivery Reinvented: Honda’s Fastport eQuad Brings Electric Efficiency and Maneuverability to City Logistics

    July 8, 2025 at 10:08 AM
  • English
Rude Baguette

France approves new tax on multinational tech giants

Eirwen WilliamsEirwen WilliamsJuly 13, 2019 at 1:49 AM0
Share Twitter Facebook LinkedIn Telegram WhatsApp Email Copy Link
Follow Us
Google News
Share
Twitter Facebook LinkedIn WhatsApp Email Copy Link

French lawmakers have voted to approve a new tax on digital services, aimed primarily at large international tech giants based in the US, according to BBC News.

A 3 percent tax on sales by large multinational tech companies was passed by the French senate Thursday, after it was approved by the lower house a week earlier. The government has said international firms, such as Amazon, Apple, Facebook and Google, pay minimal taxes on revenue earned in France.

In April, French Finance Minister Bruno Le Maire said that digital multinationals “pay 14 percentage points less tax than European small and medium enterprises.”

The US has already responded to the move with an unfair-trade investigation that could open the door to retaliatory tariffs. 

France has said that they would eliminate the tax if an international agreement was reached in which digital multinationals were required to pay a fair share of taxes to the nations in which their money is earned. 

“I want to tell our American friends that this should be an incentive for them to accelerate even more our work to find an agreement on the international taxation of digital services,” Le Maire said. 

The European Commission estimates that traditional companies pay a tax rate of about 23 percent on profits in the EU, while digital firms generally pay 8 to 9 percent. These companies declare most of their profits where they are based. 

Britain has also published a draft of a similar measure which would impose a 2 percent tax on revenue from social media, search engines, and online marketplaces that serve British users. Other countries are considering similar taxes, though none have yet come close to putting one into effect.

France’s tax will be levied on digital firms with a revenue of over €750 million, with at least €25 earned in France. It will apply retroactively through this year, and is expected to earn about €400m over 2019. The tax will be based on sales rather than on profits after expenses. 

Amazon called the tax “discriminatory,” while Google called for a “comprehensive and multilateral agreement” instead of “discriminatory unilateral taxes.”

The treaties behind the international tax system were created long before the digital era, with companies only accountable for taxes in countries where they have physical, brick-and-mortar facilities. 

Pascal Saint-Amans, the director of the Center for Tax Policy and Administration at the Organization for Economic Cooperation and Development, told the Washington Post:

“Where there is no physical presence there is no right to tax. In this digital era, is this relevant any longer?”

Photo by °Florian [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)]

Did you like it? 4.7/5 (22)

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Amazon Facebook France tax
Follow on Google News Follow on X (Twitter)
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email Copy Link
Previous ArticleAmazon to work with the UK’s NHS to help Alexa answer medical questions
Next Article France will establish new military space command
Related Posts
Illustration of Amazon's one millionth robot operating in a fulfillment center. Image generated by AI.

“I Never Thought We’d Reach This Point”: Amazon Deploys Its 1 Millionth Robot in World’s Largest Mobile Machine Army

Illustration of Amazon's expansive AI data center project in Indiana. Image generated by AI.

“They’re Replicating Us”: Amazon Builds Colossal AI Brain That Mimics Human Thinking at an Unprecedented Scale

Illustration of France's EDF reportedly being dropped from the Saudi Neom project. Image generated by AI.

“French Energy Giant Dropped From Neom”: Shocking Exit From $500 Billion Saudi Project Sparks Global Industry Turmoil

Add A Comment
Leave A Reply Cancel Reply

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Trending
Illustration of "super-dwarf" rice plants growing in a space habitat, generated by artificial intelligence.
“We Engineered the Perfect Space Food”: US Scientists Unveil Super-Dwarf Plant Designed to Keep Astronauts Alive and Thriving on Years-Long Missions to Mars
Illustration of the ambitious plan by Colossal Biosciences to resurrect New Zealand's extinct giant moa birds, created by artificial intelligence.
“We’re Bringing Back a Prehistoric Monster”: Colossal’s US Scientists Set to Resurrect New Zealand’s Giant Bird, Sending Shockwaves Through Global Conservation
Illustration of a humanoid robot participating in a high school graduation ceremony in China, generated by artificial intelligence.
“Robot Walks Across the Graduation Stage”: China’s Humanoid Stuns Teachers and Students as It Earns a Real High School Diploma, Triggering Nationwide Debate
News by category
  • English
  • Tech
  • Finance
  • Leisure
  • Transport
  • Science
  • Security
  • AI & Robotics
  • Energy
  • Sustainable Development
Information
  • Meet the Team
  • Legal notice
  • Privacy policy
  • About Us
  • Advertising
  • Contact Us
  • About Us
  • Advertising
  • Contact Us

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Facebook X (Twitter) RSS
© RudeBaguette.com. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.