Announced, Proposed, and Implemented Digital Services Taxes in Europe

Announced, Proposed, and Implemented Digital Services Taxes in Europe

Last year, the European Union (EU) released a proposal to tax services revenues from certain digital activities of multinational corporations. However, the EU could not reach an agreement on the digital services tax services proposal. Although the OECD is currently...

France Approves Digital Services Tax; U.S. Explores Retaliatory Options

Today the French Senate approved a new tax services on large digital companies that will apply at a 3 percent rate on revenues generated from sales of user data, digital advertisements, and online platforms. The tax services is both retroactive and temporary....