Bloomberg Tax
Oct. 18, 2019, 5:01 AMUpdated: Oct. 18, 2019, 3:27 PM

France’s Digital Tax Guidance Still Leaves Tech Industry Wanting (1)

Hamza Ali
Hamza Ali
Senior Reporter International Tax

Companies hoping to find out whether they will have to pay France’s digital services tax may be left disappointed by new draft guidance.

Taxpayers know that the tax, signed into law July 25, will apply to any company that has worldwide revenue of at least 750 million euros ($834 million) and 25 million euros of digital sales from either online advertising or acting as a digital intermediary (like an online marketplace). But they aren’t sure how this latter category will be defined.

“The lack of guidance on scope means that companies I represent are still in the dark about whether ...

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