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France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Onyemadonald(m): 5:41am On Jul 12, 2019 |
The French Parliament on Thursday adopted, by a final vote of the Senate, the introduction of a tax on `GAFA’, making France one of the first countries to impose a tax on digital giants. The GAFA tax refers to an acronym for Google, Apple, Facebook and Amazon. The digital tax is endorsed by the opposition-controlled upper house, paving the way to the eurozone second largest power to unilaterally tax internet giants by three per cent on much of their digital sales in France. This is related to advertising, websites and the resale of private data. The tax was initially adopted by the National Assembly, the lower house of parliament, on July 4. GAFA targets digital companies with global annual sales of more than 750 million euros ($845.6 million) and sales in France of at least 25 million euros. Introduced in France from Jan. 1, this three per cent tax on digital gross sales would help to collect 400 million euros this year and 650 million euros by 2022. SOURCE: https://www.trendingaccounting.com/2019/07/france-imposes-digital-tax-on-google.html 17 Likes 1 Share |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Amuocha: 5:46am On Jul 12, 2019 |
Great Google, Apple, Facebook and Amazon.(GAFA) 23 Likes 2 Shares |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Gentlewarrior1(m): 5:46am On Jul 12, 2019 |
Nice one Naija should follow suit especially facebook. Our youths and upcoming generation too like facebook hence we patronize then wella Not to forget many Nigerians also advertise their products on there and pay facebook in naira Its about time they pay tax. But las las even if them pay tax e go enter voicemail 67 Likes 2 Shares |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by bsaying(m): 5:47am On Jul 12, 2019 |
Nigeria would have been better if we had a good tax system and transparency in management of the funds 17 Likes 1 Share |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by nanauju(f): 5:47am On Jul 12, 2019 |
China be like 25 Likes 1 Share
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Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Businext: 5:49am On Jul 12, 2019 |
This is wise Goodmorning Nlanders 12 Likes 1 Share |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by nnemak(m): 5:50am On Jul 12, 2019 |
Nigeria should do same ...we can start with 1 or 2% 2 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Hungrychicken(m): 5:50am On Jul 12, 2019 |
Una no dey sleep |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Ominimercy(m): 5:51am On Jul 12, 2019 |
Great idea! 6 Likes
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Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by olajide8(m): 5:52am On Jul 12, 2019 |
Onyemadonald: Interesting times I expect more European countries to levy taxes on them - let's see how trump would feel after he banned Huawei in the US 5 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by czarina(f): 5:52am On Jul 12, 2019 |
On point! |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Nobody: 5:52am On Jul 12, 2019 |
Gentlewarrior1:so is that how facebook makes moneysmh 2 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Birdeyeview: 5:54am On Jul 12, 2019 |
See better country... If na naija, na only to dey borrow upandown and pile up igbese for us 2 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by czarina(f): 5:54am On Jul 12, 2019 |
Joromi12:yes, that's how they make money. Even Seun should be made to pay tax (Oga Seun, no vex) 14 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Nobody: 5:56am On Jul 12, 2019 |
czarina:this ya massage i need am. Happy ending dey 2 Likes 1 Share |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Swegzfreak: 6:02am On Jul 12, 2019 |
ok |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by helinues: 6:03am On Jul 12, 2019 |
Let the trade war begins |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Proffdada: 6:03am On Jul 12, 2019 |
Gentlewarrior1:*paid moreover, what is tax if it's embezzled ? |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by ishawlar: 6:04am On Jul 12, 2019 |
With this money they will use it to develop there country more and more. Not the dead end here in nigeria 5 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by GrowYourSales(m): 6:06am On Jul 12, 2019 |
Bad |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by zeusdgrt(m): 6:09am On Jul 12, 2019 |
We hear |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by henryadex(m): 6:09am On Jul 12, 2019 |
They'll find way of transferring the cost to the consumer 4 Likes
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Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by Nobody: 6:09am On Jul 12, 2019 |
Great. These big tech faints seems to be invisible. In most countries they operate in, they only make use of third-parties and avoid setting up a visible structure there. They just make profits and leave like ghost. But expect reactions from the US 5 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by LowerPriceData0(m): 6:10am On Jul 12, 2019 |
Nice One... |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by MobilityExpress: 6:10am On Jul 12, 2019 |
. Another backward unwise policy by France. If other countries like America in a similar way tax French companies that are already dying across the world, they will start crying blue murder. 9 Likes |
Re: France Imposes Digital Tax On Google, Apple, Facebook, Amazon by MobilityExpress: 6:11am On Jul 12, 2019 |
henryadex: They already are, YouTube for example is already forcing people to watch adverts whether you like it or not 3 Likes |
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