French Economy Minister Bruno Le Maire has announced that large internet monopolies will be taxed over their earnings in the country by 2019. Le Maire said at a press conference that companies such as Google, Apple, Facebook, Amazon, etc. will be taxed on 1 January 2019 in France. Le Maire stated that this amount had reached 500m euros and that he had met with German Deputy Prime Minister and Finance Minister Olaf Scholz on the phone and he is working on taxing him and the internet giants on income they get in EU member countries.

Companies such as Google, Apple, Facebook and Amazon declare their income in countries where they can pay a lower tax, not in the country in which they are acquired, and thus make more profits.