The big tech tax bombshell just got real, as Europe moves to hammer firms like Amazon, Facebook, and Google

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The big tech tax bombshell just got real, as Europe moves to hammer firms like Amazon, Facebook, and Google
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France pushed forward with plans to tax the revenue of internet giants, while Boris Johnson indicated his support for a similar idea in Britain.

The prospect of big tech firms, including Amazon, Apple, Facebook, and Google, paying billions of dollars more in tax in Europe got more real on Thursday. France pushed forward with plans to tax the revenue of internet giants, with a bill that could generate $563 million more in income for the French government being passed by lower parliament.

The prospect of big tech firms, including Amazon, Apple, Facebook, and Google, paying billions of dollars more in tax in Europe got more real on Thursday. France pushed forward with plans to tax the revenue of internet giants, with a bill that could generate $563 million more in income for the French government being passed by lower parliament.

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