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France to Levy Digital Services Tax for 2020 Regardless of OECD Outcome

|Approved Changes|France
France

According to recent reports, French Finance Minister Bruno Le Maire has confirmed that France will be levying a digital services tax (DST) for 2020 regardless of the outcome of discussions at the level of the OECD. According to Le Maire, in the event international agreement is reached by the end of the year, digital companies will be taxed as agreed, and if no international agreement is reached, then such companies will be taxed under the French DST.

Given the impact of the COVID-19 pandemi…

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