- The French National Assembly’s Finance Committee approved raising the digital services tax (DST) from 3% to 15% for large digital platforms.
- The group revenue threshold for the DST will increase from EUR 750 million to EUR 2 billion.
- The measure targets major digital companies, often called the “GAFAM tax.”
- The tax hike aims to boost French public finances and digital sovereignty, especially in response to US tariffs.
- Additional revenue will support public finances while awaiting the OECD’s global tax framework.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "France"
- France Publishes New E-Invoicing Specifications and AFNOR Standards Ahead of 2026 Mandate
- French Senate Rejects VAT Registration Threshold Reform; Existing Rules to Remain Unchanged for 2026
- French Senate Rejects Lower VAT Thresholds for Small Businesses in 2026 Finance Bill
- France Clarifies VAT Rates for Cultural, Recreational, and Educational Activities and Related Services
- France Updates VAT Guidance for Admission Fees to Recreational Motorsport and Karting Circuits
