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US tech industry leaders warn France on digital service tax

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Major tech firms and US tech industry groups said on Monday that France’s new digital services tax undermines the global tax regime

Jonas Ekblom and David ShepardsonWashington — and multilateral efforts to reform it.

The French Senate in July approved a 3% levy that will apply to revenue from digital services earned in France by companies with more than €25m in French revenue and €750m worldwide.

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