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Which country introduced a new “GAFA tax” named after Google, Apple, Facebook and Amazon to ensure that the companies pay a fair share of taxes in Europe, on 1st January 2019?
  • a)
    Italy
  • b)
    Germany
  • c)
    France
  • d)
    Switzerland
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which country introduced a new “GAFA tax” named after Goog...
From 1st January 2019, France introduced a new “GAFA tax” named after the large internet and technology companies Google, Apple, Facebook and Amazon to ensure the global giants pay a fair share of taxes on their massive businesses in Europe.According to France’s finance Minister Bruno Le Maire, the new tax would raise 500 million euros (570 million dollars) in 2019. The unilateral move from France came after the deal for EU wide tax which required the support of all 28 EU states, crumbled earlier this month, with opposition from countries including Ireland, home to the European headquarters of Google and Apple. While other EU member states such as Britain, Spain and Italy are working on national versions of a digital tax, Asian countries such as Singapore and India are also planning their own schemes.
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Which country introduced a new “GAFA tax” named after Goog...
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Which country introduced a new “GAFA tax” named after Google, Apple, Facebook and Amazon to ensure that the companies pay a fair share of taxes in Europe, on 1st January 2019?a)Italyb)Germanyc)Franced)Switzerlande)None of theseCorrect answer is option 'C'. Can you explain this answer?
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Which country introduced a new “GAFA tax” named after Google, Apple, Facebook and Amazon to ensure that the companies pay a fair share of taxes in Europe, on 1st January 2019?a)Italyb)Germanyc)Franced)Switzerlande)None of theseCorrect answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which country introduced a new “GAFA tax” named after Google, Apple, Facebook and Amazon to ensure that the companies pay a fair share of taxes in Europe, on 1st January 2019?a)Italyb)Germanyc)Franced)Switzerlande)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which country introduced a new “GAFA tax” named after Google, Apple, Facebook and Amazon to ensure that the companies pay a fair share of taxes in Europe, on 1st January 2019?a)Italyb)Germanyc)Franced)Switzerlande)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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