This document summarizes a law passed in France that establishes a tax on large technology companies. The law sets the tax rate at 3% of revenues earned by technology companies from providing digital services in France. It aims to address the fact that some digital companies pay little tax in countries where they do significant business. The new tax may be challenged at the European Court of Justice.
This document summarizes a law passed in France that establishes a tax on large technology companies. The law sets the tax rate at 3% of revenues earned by technology companies from providing digital services in France. It aims to address the fact that some digital companies pay little tax in countries where they do significant business. The new tax may be challenged at the European Court of Justice.
This document summarizes a law passed in France that establishes a tax on large technology companies. The law sets the tax rate at 3% of revenues earned by technology companies from providing digital services in France. It aims to address the fact that some digital companies pay little tax in countries where they do significant business. The new tax may be challenged at the European Court of Justice.