French parliament passes law taxing digital giants

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France on Thursday became the first major economy to impose a tax on digital giants, with parliament passing the legislation in defiance of a probe ordered by President Donald Trump that could trigger reprisal tariffs. The legislation — dubbed the GAFA tax — an acronym for Google, Apple, Facebook and Amazon — was passed by a simple show of hands in the Senate upper house after previously being passed by the National Assembly lower chamber.



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