Trump LASHES out at Macron as US express ‘concern’ over French plan to tax tech giants

A US representative said: “The United States is very concerned that the digital services tax unfairly targets American companies.”

France’s Parliament is likely to approve plans for the new tax on Thursday, the BBC reported.

The tax is set to raise hundreds of millions of euros by targeting Google and Facebook.

The companies targeted have a 3 percent levy on revenue inside France, according to the BBC.

Digital companies which make more than 750 million euros, with 25 million made in France, will be subject to the tax.

President Macron’s tax is set to raise 400 million euros ($450m; £360m) just this year.

More to follow…

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