U.S. to probe French plan to tax tech companies: source

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U.S. to probe French plan to tax tech companies: source
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U.S. President Donald Trump will order an investigation into France's plann...

FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files./File Photo

The announcement, which is set for around 5 p.m. Wednesday in Washington, will give U.S. Trade Representative Robert Lighthizer up to a year to investigate if France’s digital-tax plan would hurt U.S. technology companies, the source said. French Finance Minister Bruno Le Maire said in March that a 3% tax on the French revenue of large internet companies could yield 500 million euros per year.

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