The govt plans to slap a 3 per cent tax to get around tax avoidance measures by multinationals
Former Nissan chairman released after posting bail; arrested for fraud, Carlos Ghosn was detained for 4 months
Former chairman of Nissan Motor, Carlos Ghosn, was released from a Tokyo detention centre Wednesday after posting 1 billion yen ($8.9 million) bail
French Economy Minister Bruno Le Maire said Thursday he was pulling out of a major investment conference in Saudi Arabia over the disappearance of Saudi journalist Jamal Khashoggi.
France, Germany and UK have sought exemption from US Iran sanctions for European companies doing business with Tehran.
Le Maire also said he expected the European Union to close tax loopholes that benefit Google, Apple, Facebook, and Amazon by the start of 2019.
France will make sure Siemens sticks to its commitment to preserve jobs following its rail business merger with Alstom.
French Finance Minister Bruno Le Maire said the turnover tax was necessary to allow EU countries to move quickly. “Otherwise we risk a breakdown with citizens across Europe,” he added.
Companies, like Google, are often taxed on profits booked by subsidiaries in low-tax countries even though the revenue originated from other EU countries.
Greece to get a payout of 8.5 billion euros, eurozone ministers 'optimistic' about Greek bailout deal
Eurozone ministers said they were optimistic about reaching a bailout deal with Greece but warned Athens would have to wait for a deal on future debt relief
French President Emmanuel Macron is set to end the suspense over his first government on Wednesday after a 24-hour delay in unveiling what he has promised will be a new-look cabinet.