[ad_1]
Install the Sina Finance client to receive the most complete market information the first time →[enlace de descarga]
France to impose a tax on digital services on tech giants in December at a rate of 3%
French official local time said on the 25th that it will start charging the digital service tax in December as originally planned.
The French Ministry of Economy and Finance said on the same day that it has issued a notice to large technology companies that they must pay the digital service tax, requiring them to pay the corresponding tax in December as scheduled. French officials have repeatedly warned that if negotiations on the digital services tax do not progress as scheduled, the tax will be collected in December.
French Economy and Finance Minister Le Maire also confirmed that the digital services tax will be collected in mid-December and said France will explain it to the US government. He said the best way to resolve the key issue of the tax on digital services remains to reach a multilateral agreement within the framework of the Economic and Cooperation Organization (OECD).
Negotiations on taxes on digital services within the OECD have reached a stalemate and the United States withdrew from the negotiations in June this year. The OECD believes that it is currently difficult to reach agreement on related issues.
Some French officials said France can no longer wait on the digital services tax issue, tech companies’ turnover during the epidemic has skyrocketed, and prior to the outbreak, relevant companies were not “paying taxes from fair way. “
France has been preparing to impose a tax on digital services on the global internet giants. In accordance with the previously announced French tax plan, companies with annual global digital business revenues of more than 750 million euros and annual business revenues of more than 25 million euros in France will be charged a 3% digital tax.
As US internet giants like Google, Facebook and Amazon face taxes, the Office of the US Trade Representative threatened to launch a “301 investigation” and warned it could impose tariffs on French imports.
The OECD is considering the establishment of a unified basic tax rate for the tax on digital services, which will apply to all technology companies and will not change due to the location of the company’s headquarters. Le Maire said France still hopes to reach a digital services tax deal under the OECD in the first months of next year.
Massive information, accurate interpretation, all in the Sina Finance APP
Editor in charge: He Zhongfu
