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Happy New Year, great tech! France starts taxing Google, Apple, Facebook and Amazon – RT Business News

Tech giants will now pay more taxes in France after the country decides not to wait for the rest of the EU to introduce the measure. The so-called GAFA tax for large digital companies comes into force on 1 January. The French government hopes to raise € 500 million (US $ 572 million) in levies specifically for multinational technology companies …

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Seattle OKs taxing companies like Amazon to aid the homeless

By: Phuong Le The Associated Press SEATTLE – Seattle's largest businesses are looking for a homely and affordable housing solution. [19659002TheCityCouncilunanimouslypassedacompromiseplan$20millioningrossrevenuesabout$275perfull-timeworkereachyear-lowerthan$500perworkerinitiallyproposed The so-called "head tax "Would raise roughly Seattle's rapid economic growth comes after weeks of tense exchanges, rough meetings and a threat by Amazon, Starbucks and business groups They called it a tax on jobs Seattle-based Starbucks had harsh. …

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