Market Breaks, Facebook Stock Price Plunges As Tech Tumbles After G-20 Comments

Bloomberg reports that digital taxation would impact companies such as Amazon, Google, Apple and others, an official at the G-20 meetings in Buenos Aires who is familiar with the discussions says, speaking on the condition of anonymity.

As one would imagine, U.S. strongly opposes any measures specifically targeting digital companies or impeding growth in the digital sector, a U.S. Treasury Department official said last week, speaking on the condition of anonymity.

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