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French Digital Tax Passes National Assembly, Heads to Senate

July 4, 2019, 9:36 AM

The French National Assembly approved a plan to tax the revenue of tech giants such as Facebook Inc. and Google, by a vote of 34 to 0, bringing the country closer to being the first to collect such a tax.

The July 4 vote on the tax proposal—a compromise version agreed to late June 26 by a joint committee of the Senate and National Assembly—now heads to the Senate for a vote July 11. If the Senate rejects the plan, the Assembly would hold another vote, and if the measure passed, it would be sent to the president for his ...