In France for multinationals coined the acronym — GAFA.
Due to the introduction of taxes Paris expects to receive an additional 500 million euros a year. In 2017, the European Commission fined Google for 2.5 billion rubles for abuse of dominant market position in search engines.
Last year, the EU Council stated that it would develop a so-called digital tax which will be levied on the income of companies operating in the EU.
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