25 July 2019 French President signs bill on Digital Services Tax and partial freeze of corporate income tax rate decrease On 24 July 2019, French President Emmanuel Macron signed the bill introducing the Digital Services Tax (DST)1 and the partial freeze of the corporate income tax rate decrease.2 The bill was published in the Journal Officiel on 25 July 2019, leading to the entry into force of the bill. The DST consists of a 3% levy applied to revenue derived from specific digital activities by companies with a qualifying revenue of more than €750 million worldwide and €25 million in France. 1 See EY Global Tax Alerts, France's Parliamentary Commission agrees on Digital Services Tax, dated 3 July 2019. 2 See EY Global Tax Alerts, French Parliament approves draft bill on partial freeze of corporate income tax rate decrease, dated 16 July 2019.
Document ID: 2019-1342 |
