Monday , June 14 2021

France will present a bill to hold GAFA in February

This project "will soon be submitted to the vote of the parliament," said the mayor in an interview in the Journal du Dimanche, adding that the tax on companies that offer digital services "affects all businesses with a carrier greater than 750 million euros worldwide and 25 million euros in France ".

"If these two criteria are not met, they will not be imposed," he said.

"The fee will apply to 1st January 2019, and its preparation will be modulated according to the cover with a maximum of 5%. It should bring about 500 million euros, "he said.

The tax on digital services such as GAFA (Google, Apple, Facebook, Amazon) is "a major problem of the 21st century" and "a matter of right and efficiency," the minister said.

However, if France has decided not to wait for a consensus at European level, the mayor, however, heard that an agreement of this type was still possible "at the end of March", underlining France's proposal to support European Commission by Pierre Moscovici, French Commissioner for Economic Affairs.

"There are still some countries listed. We made a commercial bid with Germany in December and I am convinced that a deal is due by the end of March. A few months before the European elections, our citizens would not understand that we give up, "he said.

In the middle of December, the French government is seeking the financing of the social measures it became known by President Emmanuel Macron that it was 1stJanuary digital giants, without waiting for a possible agreement within the European Union.

This decides who intended for a change of strategy, Mr Le Mayor, unsuccessfully, defending, establishing a European-level tax on the digital giants.

Ireland, Denmark and Sweden clearly opposed a tax on 3% of & # 39; e digital giants. For their part, Germany did not see a good good eye, for fear of retaliation from one America against its auto industry.

Initiatives for taxing GAFA and other digital giants have already been taken at national level in various countries, such as the United Kingdom and Singapore. In Italy, last year, the Provincial Executive has a tax on internet transactions, but the law will no longer apply.

In Spain, Socialist Pedro Sanchez government requested an invoice to collect a 3% tax on revenue generated by certain activities of digital giants such as GAFA.

But it is not certain that the Spanish bills will now be voted, as the government does not have a majority in the Second Chamber.

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