Copyright Bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world French lawmakers voted to double its tax on large technology companies, risking a backlash from Donald Trump who has long threatened to retaliate against the measure with trade tariffs. France’s lower house of parliament adopted an amendment to the 2026 budget bill late Tuesday that would potentially raise the levy on the digital revenues of firms like Amazon.com Inc., Google owner Alphabet Inc. and Facebook owner Meta Platforms Inc to 6% from 3% previously.
