France: Introduced Digital Service Tax Bill (GAFA Tax)

On 6 March 2019, the French Minister of Economy and Finance introduced the Digital Services Tax and Corporate Tax Rate Change Bill (DST Tax) in the National Assembly. The Bill aims at making the tax environment fairer, especially for small and medium-sized businesses and as such would impose a 3% tax on certain digital "giants". The companies included are digital platforms as well as online advertisers. The scope of the bill comprehends the companies with a global yearly turnover of at least EUR 750 million or a domestic turnover of at least EUR 25 million.