France-Digital Giants/Tax

French parliament passes digital tax law

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FILE: Paris, France - March 26-27, 2019 (CCTV - No access Chinese mainland)
1. Various of Arc de Triomphe, national flag of France

FILE: Paris, France - Oct 30, 2017 (CCTV - No access Chinese mainland)
2. Eiffel Tower

FILE: Los Angeles, USA - Feb 22, 2017 (CGTN - No access Chinese mainland)
3. Various of logos of Google

FILE: California, USA - Date Unknown (CGTN - No access Chinese mainland)
4. People at Google headquarters

FILE: London, UK - Oct 16, 2012 (CCTV - No access Chinese mainland)
5. Google logo

FILE: Paris, France - Oct 16, 2012 (CCTV - No access Chinese mainland)
6. Screen showing Google search engine, personal profiles on Google search engine

FILE: Date and Location Unknown (CGTN - No access Chinese mainland)
7. Various of Facebook page

FILE: Date and Location Unknown (CCTV - No access Chinese mainland)
8. Mobile phone screen showing Facebook, other social media apps

FILE: USA - Date Unknown (CGTN - No access Chinese mainland)
9. Various of people using Facebook app through cell phones, computers

FILE: Mountain View, California, USA - Date Unknown (CGTN - No access Chinese mainland)
10. Various of sign outside Facebook headquarters

FILE: Warsaw, Poland - May 22, 2018 (CCTV - No access Chinese mainland)
11. Various of people using mobile phones

FILE: USA - Exact Location and Date Unknown (CGTN - No access Chinese mainland)
12. Amazon office building

FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
13. Various of Amazon's off-line bookstore, customers

Storyline


The French Parliament adopted Thursday, by a final vote of the Senate, a law of introducing a tax on "GAFA", making France one of the first countries to impose a tax on digital giants.

The GAFA is an acronym for Google, Apple, Facebook and Amazon.

GAFA tax targets digital companies with global annual sales of more than 750 million euros (845.6 million U.S. dollars) and sales in France of at least 25 million euros (28.15 million U.S. dollars).

The new law paves the way for the eurozone's second largest economy to unilaterally levy a 3-percent tax on much of the internet giants' digital sales in France related to advertising and other revenues.

The tax draft was initially adopted by the National Assembly, the lower house of parliament, on July 4.

Introduced in France as of Jan. 1, 2019, this 3 percent tax on digital gross sales would help the country to collect 400 million euros this year and 650 million euros by 2022.

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  • ID : 8115795
  • Published : 2019-07-12 11:57
  • Last Modified : 2019-07-12 18:13:54
  • Location : France
  • Category : economy, business and finance
  • Duration : 1'49
  • Audio Language : Nats
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8115795
  • Published : 2019-07-12 16:56
  • Last Modified : 2019-07-12 18:13:54
  • Location : France
  • Category : economy, business and finance
  • Duration : 1'49
  • Audio Language : Nats
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Version : 1
  • ID : 8115795
  • Published : 2019-07-12 18:11
  • Last Modified : 2019-07-12 18:13:54
  • Location : Francia
  • Category : economy, business and finance
  • Duration : 1'49
  • Audio Language : Nats
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Version : 1
  • ID : 8115795
  • Published : 2019-07-12 17:09
  • Last Modified : 2019-07-12 18:13:54
  • Category : economy, business and finance
  • Duration : 1'49
  • Audio Language : Originalton
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : Für das chinesische Festland nicht verfügbar
  • Version : 1

France-Digital Giants/Tax

French parliament passes digital tax law

Dateline : July 11, 2019/File

Location : France

Duration : 1'49

  • English
  • Français
  • Español
  • Deutsch



FILE: Paris, France - March 26-27, 2019 (CCTV - No access Chinese mainland)
1. Various of Arc de Triomphe, national flag of France

FILE: Paris, France - Oct 30, 2017 (CCTV - No access Chinese mainland)
2. Eiffel Tower

FILE: Los Angeles, USA - Feb 22, 2017 (CGTN - No access Chinese mainland)
3. Various of logos of Google

FILE: California, USA - Date Unknown (CGTN - No access Chinese mainland)
4. People at Google headquarters

FILE: London, UK - Oct 16, 2012 (CCTV - No access Chinese mainland)
5. Google logo

FILE: Paris, France - Oct 16, 2012 (CCTV - No access Chinese mainland)
6. Screen showing Google search engine, personal profiles on Google search engine

FILE: Date and Location Unknown (CGTN - No access Chinese mainland)
7. Various of Facebook page

FILE: Date and Location Unknown (CCTV - No access Chinese mainland)
8. Mobile phone screen showing Facebook, other social media apps

FILE: USA - Date Unknown (CGTN - No access Chinese mainland)
9. Various of people using Facebook app through cell phones, computers

FILE: Mountain View, California, USA - Date Unknown (CGTN - No access Chinese mainland)
10. Various of sign outside Facebook headquarters

FILE: Warsaw, Poland - May 22, 2018 (CCTV - No access Chinese mainland)
11. Various of people using mobile phones

FILE: USA - Exact Location and Date Unknown (CGTN - No access Chinese mainland)
12. Amazon office building

FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
13. Various of Amazon's off-line bookstore, customers


The French Parliament adopted Thursday, by a final vote of the Senate, a law of introducing a tax on "GAFA", making France one of the first countries to impose a tax on digital giants.

The GAFA is an acronym for Google, Apple, Facebook and Amazon.

GAFA tax targets digital companies with global annual sales of more than 750 million euros (845.6 million U.S. dollars) and sales in France of at least 25 million euros (28.15 million U.S. dollars).

The new law paves the way for the eurozone's second largest economy to unilaterally levy a 3-percent tax on much of the internet giants' digital sales in France related to advertising and other revenues.

The tax draft was initially adopted by the National Assembly, the lower house of parliament, on July 4.

Introduced in France as of Jan. 1, 2019, this 3 percent tax on digital gross sales would help the country to collect 400 million euros this year and 650 million euros by 2022.

ID : 8115795

Published : 2019-07-12 11:57

Last Modified : 2019-07-12 18:13:54

Source : China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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