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French govt presents new law on digital sales tax

Wednesday 6 March 2019 | 10:17 CET | News
Update: 6 March 2019 | 16:03 CET
French economy minister Bruno Le Maire has presented to the government details on the new digital tax unveiled at the end of 2018, targeting digital sales from the so-called GAFA (Google, Apple, Facebook and Amazon) and large digital companies. The measure aims to introduce a 3 percent tax rate on digital sales linked to targeted advertising, personal data used for marketing purposes, and intermediary services from marketplace platforms. It will apply to companies with annual turnover above EUR 750 million internationally and EUR 25 million in France.

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[06/03/2019 16:03 - Update: Interim measure pending OECD solution]


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