PARIS (Reuters) – On 6 Dec 2018, Finance Minister Bruno Le Maire yesterday said France will tax digital giants at a national level from 2019 if European Union states cannot reach an agreement on a tax on digital revenues for the bloc.

EU finance ministers failed to agree a tax on digital revenues on Tuesday 4 Dec, despite a last-minute Franco-German plan to salvage the proposal by narrowing its focus to companies like Google and Facebook. [See related TT Article]

“I am giving myself until March to reach a deal on a European tax on digital giants,” Le Maire told France 2 television. “If it doesn’t work out, we will do it at a national level, from 2019,” he added.

[Reuters website: EU article; LTN 237, 7/12/18; Tax Month – December 2018]

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