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France's National Assembly voted to tax US companies €0.055 per GB of data sent to French users, targeting firms like Google, Meta, Amazon, Netflix, and Akamai. The measure, part of the 2027 budget, aims to generate €10B annually. It requires ISPs to track data flow and report to tax authorities. The tax must pass further budget approvals to become law.

France's National Assembly passed a 5.5 euro cent per gigabyte tax on content providers like Netflix, Google, and Meta, with a 15% or 2% revenue cap. The tax aims to raise about $11.2 billion annually, but its future is uncertain. Netflix, Alphabet, and Meta's stocks showed minor movements unrelated to the vote.

France approved a tax on internet data usage, costing €0.055 per gigabyte for content providers like Google, Meta, Netflix, and Amazon. The tax, estimated to generate €10 billion annually, targets companies generating substantial internet traffic. Internet service providers will measure and report data volumes to tax authorities. The proposal must still pass further parliamentary scrutiny.

France's National Assembly voted 11-10 to impose a €0.055 per gigabyte tax on data traffic from companies like Google, Meta, Amazon, Netflix, and Akamai, aiming to raise €10 billion. The tax would be measured by internet providers and capped at 15% of French revenue or 2% of total revenue. The government opposes the measure, and the bill remains in early stages of the budget process.

French lawmakers voted 11-10 to tax content providers €0.055 per GB of data sent to users, potentially raising €10B annually. The tax targets large tech firms like Google, Meta, Amazon, Netflix, and Akamai, which account for half of France's data traffic. The government opposed the measure, which is not yet law and may face further hurdles. The tax could be passed on to users through higher subscription prices.

France's National Assembly passed a 5.5 euro cent tax per gigabyte delivered by digital platforms, targeting companies like Netflix, Google, and Meta. The tax aims to generate 5-10 billion euros annually, with caps limiting exposure for large platforms. The Senate may still remove the measure before it becomes law in 2027.