EU aims to tax internet giants at 2-6% on revenues

Paris

THE EU will soon unveil a plan for taxing major internet companies like Amazon and Facebook by imposing a levy of two to six per cent on revenues in every country where they operate, French Finance Minister Bruno Le Maire said on Sunday.

"The range will be from two to six per cent; but closer to two than to six," Mr Le Maire told the Journal du Dimanche newspaper.