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Markets rise on White House transition, France taxes US tech giants, bank dividends

FT News Briefing

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France Leads the Charge in Taxing Tech Giants

This chapter explores France's initiative to impose taxes on large tech companies, arguing that they do not contribute equitably to local economies. It also discusses the stalled international negotiations spearheaded by the OECD due to the US's withdrawal, highlighting the resulting tensions between the US and European nations over digital taxation.

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