France and Germany want to find new solutions to repatriate the Gafa tax system in each country of the European Union. After a first ministerial meeting, France now wants a decision by the end of the year.
Pressure is mounting on the Internet giants Gafa, which are competing for ingenuity in order to create a fiscal exodus that costs millions of euros every year in Europe, while taunting local businesses that are condemned to play the rules of national taxation.
At the initiative of France and Germany, a meeting was held between EU finance ministers this Saturday in Tallinn to discuss a legal framework to impose on these companies to really pay their taxes according to their turnover while avoiding tax arrangements, especially those very well-known settling in Luxembourg or in Ireland.
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And for France, the situation is pressing since Paris now wants the European Union to take a decision "by the end of the year", recalling that "This issue will be discussed by the finance ministers at the Ecofin Council of 5 December."
As a reminder, the proposal currently refers to the introduction of a tax applied on the turnover generated in each European country by the giants of the Net. Currently, profit is taken into account for the calculation of taxation, which allows large groups to circumvent taxation by playing with the notion of subcontracting.
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