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French govt moves ahead with digital sales tax on GAFA platforms from 2019

Tuesday 18 December 2018 | 09:34 CET | News
The French government will bring to parliament a proposal for a new tax targeting digital sales from the so-called GAFA companies (Google, Apple, Facebook and Amazon). The announcement was confirmed by economy minister Bruno Le Maire, who told Les Echos that the new tax could be in place by 01 January 2019. While details have yet to be published, the measure aims to tax digital sales linked to advertising and personal data, generating an estimated EUR 500 million in 2019 for the public treasury.

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Categories: Internet
Companies: Amazon / Apple / Facebook / Google
Countries: France
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