- France raised its Digital Services Tax (GAFAM Tax) from 3% to 15% starting in 2026.
- The global revenue threshold for affected companies increased from €750 million to €2 billion.
- The measure aims to ensure major digital platforms contribute fairly to French tax revenues.
- The tax hike is a response to U.S. tariffs and asserts France’s fiscal sovereignty.
- The increase is expected to boost tax receipts and serves as a temporary step until OECD global rules are established.
Source: docnova.ai
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.
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