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French parliament votes in favour of digital sales tax

Tuesday 9 April 2019 | 10:34 CET | News
France's lower house of parliament has approved draft legislation to introduce the 3 percent tax on digital sales. The measure should generate EUR 400 million for the public treasury in 2019, rising to EUR 650 million in 2020, based on recent estimates. It will apply to businesses with annual turnover above EUR 750 million internationally and EUR 25 million in France, with around 30 companies expected to fall within its scope.

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Categories: Internet
Countries: France
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