Friday, 21 January, 2022

Taxation of Gafa: green light from the National Assembly

The National Assembly on Thursday July 4 gave its final green light to the bill to introduce a tax on digital giants, which should make France one of the pioneer countries in this area. The text, adopted by 34 votes for and 13 abstentions, without any votes against, will still have to be submitted to the Senate on July 11 to be definitively adopted by Parliament.

Despite opposition from the United States, it aims to implement a French-style Gafa tax (acronym for Google, Amazon, Facebook and Apple) to tax digital activities that “create value thanks to French Internet users” .

For the Minister of the Economy Bruno Le Maire, it is a question of “restoring tax justice in the face of the digital giants”. And this unilateral solution must serve as a “lever” in international negotiations, pending the outcome of the work of the Organization for Economic Co-operation and Development (OECD).

The minister wanted a validation of the bill by the Constitutional Council, in order to “strengthen” the “political position” of France “in the bodies of the G7, the G20 and the OECD to lead this fight on the taxation of digital”.

Voted in the two chambers in different versions in the spring, the text was the subject at the end of June, of a compromise in the mixed joint committee (CMP).

(With AFP)

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