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2025-10-29 17:37:06
[France Takes Drastic Action, Doubling Digital Tax to 6%, Igniting Cross-Border Dispute] ⑴ The French National Assembly formally passed amendments to the 2026 budget on Tuesday evening. ⑵ The amendments plan to drastically increase the tax rate on the digital revenue of large technology companies from the original 3% to 6%. ⑶ This tax adjustment directly affects US tech giants such as Amazon, Google's parent company Alphabet, and Meta. ⑷ The tax rate increase reaches 100%, doubling the original rate and significantly increasing the tax burden on relevant companies. ⑸ This move may trigger a strong reaction from the US government, and the market is concerned that it will reignite cross-border trade friction.
