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#multinationals

Championed by French President Emmanuel Macron, the new tax on digital multinationals will target revenue generated in an EU country, instead of on profits that are booked in a low-tax EU headquarters, often Ireland or Luxembourg. Photo: Loic Venance / AFP
Championed by French President Emmanuel ... […]

EU to propose new Google, Facebook tax in 2018: Juncker

The EU will propose a new tax on tech giants such as Google and Facebook next year despite opposition by several states, European Commission chief Jean-Claude Juncker says