France orders tech giants to pay digital tax ahead of OECD deal
The country applied a 3% levy on revenue from digital services earned in France
25 November 2020 - 16:55
Paris— The French finance ministry has sent out notices to big tech companies liable for its digital service tax to pay the levy as planned in December, the ministry said on Wednesday.
France suspended collection of the tax, which will hit companies such as Facebook and Amazon, early in 2020 while negotiations were under way at the Organisation for Economic Cooperation and Development (OECD) on an overhaul of international tax rules...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.