France will tax big digital businesses this year whether there is progress or not towards an international deal on a levy, its finance minister said on Thursday, adding such a tax had never been more legitimate or more necessary. Nearly 140 countries from the Organisation for Economic Cooperation and Development (OECD) are negotiating the first major rewriting of tax rules in more than a generation, to take better account of the rise of big tech companies such as Amazon, Facebook, Apple, and Google that often book profit in low-tax countries. Paris offered in January to suspend its digital tax on tech companies' income in France until the end of the year while any international deal was negotiated. However, the fallout from the coronavirus outbreak has left finance ministries most focused on saving their economies, potentially jeopardising the end of the year deadline. "Never has a digital tax been more legitimate and more necessary," Finance Minister Bru...
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