Bloomberg Tax
April 10, 2019, 1:05 PM

France Takes a Step Closer to Making 3 Percent Digital Tax Law

Hamza Ali
Hamza Ali
Senior Reporter International Tax

France is moving toward passage of the first digital tax bill that tech giants would pay this year, with the National Assembly approving the measure late April 9 and sending it to the Senate for consideration in May.

The lawmakers voted 88-7 for the bill, which also includes a provision that would postpone a planned reduction in corporate taxes. It will now be considered by France’s upper house, the Senate, in a public session starting May 21.

A spokesperson for the Senate committee for economic affairs said it expects the bill will pass before the end of May.

The ...

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