News analysis

France plays to the crowd with digital tax

But proposed move that would hit Internet giants won't solve Europe's innovation woes

New: Gift this subscriber-only story to your friends and family

In Europe, the image of American Internet giants like Google, Apple, Facebook and Amazon could not be much worse. Once hailed as the forerunners of a new era, today those companies are considered to be unscrupulous, greedy data leeches and, worst of all, tax evaders.

For politicians, hitting tech companies hard therefore promises instant positive returns.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on March 14, 2019, with the headline France plays to the crowd with digital tax. Subscribe