France: Signed Digital Service Tax Bill (GAFA Tax)
Description
Signed Digital Service Tax Bill (GAFA Tax)
On 24 July 2019, the President of France signed into law the Digital Services Tax and Corporate Tax Rate Change (DST). The DST introduces a 3% tax on the revenue generated from providing “digital interface” and “targeted advertising” services in France. The tax will apply to companies that have more than EUR 750 million in global turnover and at least EUR 25 million in annual revenue in France.
Original sourceScope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
online advertising provider, platform intermediary: user-generated content
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2019-03-06
under deliberation
2019-07-11
adopted
2019-07-24
adopted