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Daily Tax Report: International

France Working on Guidance for Companies Hit by New Digital Tax (1)

Aug. 2, 2019, 6:01 AMUpdated: Aug. 2, 2019, 7:04 PM

Companies holding out for written guidance on how to pay France’s new digital tax can take their questions to the tax authority.

The authority is working on details for the new 3% revenue tax on digital services like online advertising and intermediation platforms. The tax, which applies retroactively to Jan. 1, targets large tech companies like Facebook Inc., Amazon.com Inc., and Alphabet Inc.'s Google, likely hitting about 30 companies overall, according to French officials.

The first payment is due in November.

The tax legislation department (Les services de la Direction de la Législation Fiscale) is ready to organize meetings to...

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