Facebook to pay more tax in France after govt imposes new levy on revenue of digital companies

Facebook Inc. will pay more tax in France after changing its operating model in the country and as the government imposes a new levy on the revenue of digital companies, French unit chief Laurent Solly told Le Parisien.

Facebook to pay more tax in France after govt imposes new levy on revenue of digital companies (AP Photo file)
Facebook to pay more tax in France after govt imposes new levy on revenue of digital companies (AP Photo file)

Facebook Inc. will pay more tax in France after changing its operating model in the country and as the government imposes a new levy on the revenue of digital companies, French unit chief Laurent Solly told Le Parisien.

Facebook last year said all revenue from sales in France would be declared in the country and it will “naturally” pay the new revenue tax, Solly said. The French unit has expanded quickly in recent years and Facebook is “in many ways also a French company,” he added.

“You will see Facebook paying more and more tax in France. And I’ll tell you something: that’s normal,” Solly said.

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This article was first uploaded on April twenty-eight, twenty nineteen, at seventeen minutes past four in the afternoon.
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