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"Gafa tax": Paris confirms that it will be levied in 2020, despite threats of American reprisals

2020-11-26T06:03:51.678Z


The US government has promised to tax $ 1.3 billion in French products in retaliation.The tax on digital giants will be levied in 2020, the French Ministry of the Economy confirmed on Wednesday, despite threats of American reprisals on $ 1.3 billion in French products, including handbags and cosmetics. Read also: The European Union relaunches the "Gafa tax" " Companies subject to this tax have received a tax notice for the payment of the 2020 installments ," said this source abou


The tax on digital giants will be levied in 2020, the French Ministry of the Economy confirmed on Wednesday, despite threats of American reprisals on $ 1.3 billion in French products, including handbags and cosmetics.

Read also: The European Union relaunches the "Gafa tax"

"

Companies subject to this tax have received a tax notice for the payment of the 2020 installments

," said this source about the "

Gafa tax

", an acronym for Google, Amazon, Facebook and Apple, introduced in 2019 by France which accuses these American multinationals of not paying their fair share of tax.

Source: lefigaro

All news articles on 2020-11-26

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