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France Not Waiting on EU to Implement Digital Services Tax

|Proposed Changes|France
France

French Finance Minister Bruno Le Maire announced on 17 December 2018 that France will not be waiting for agreement on a digital services tax in the EU and is planning to introduce its own tax targeting Google, Apple, Facebook, and Amazon (GAFA) from 1 January 2019. This so-called GAFA tax is expected to raise tax revenue of approximately EUR 500 million in 2019. Details of the planned GAFA tax will be published once available.

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