French Parliament Current Affairs - 2020

Gafa Tax: France to levy 3% tax on Internet giants

The French parliament approved a law dubbed as Gafa Tax (an acronym for Google, Apple, Facebook and Amazon), the legislation will impose a 3% levy on sales generated in the country by non-tax paying online giants. Key Highlights Levying this 3% tax on total annual revenues of largest technology firms providing services to French consumers Read More…