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Nov. 25, 2020, 7:16 a.m. EST

French tax authorities have started demanding U.S. firms pay digital tax: report

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By Steve Goldstein

French tax authorities have started demanding U.S. technology groups pay their 3% digital services tax, the Financial Times reported , citing French officials, company officials and advisers. Facebook /zigman2/quotes/205064656/composite FB +2.33% and Amazon /zigman2/quotes/210331248/composite AMZN -0.74% are among the companies that have received communications, the report said. Paris's demand to collect the tax represents the end of a truce with Washington, the report added.

/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 251.36
+5.72 +2.33%
Volume: 24.94M
Jan. 15, 2021 4:00p
P/E Ratio
28.62
Dividend Yield
N/A
Market Cap
$715.95 billion
Rev. per Employee
$1.57M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,104.25
-23.22 -0.74%
Volume: 4.24M
Jan. 15, 2021 4:00p
P/E Ratio
90.91
Dividend Yield
N/A
Market Cap
$1557.56 billion
Rev. per Employee
$351,531
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