Tax on digital services: an imperfect and necessarily transitional approach, according to Syntec Numérique
As the sector’s leading professional organization, Syntec Numérique has played an active role in successive government discussions on the taxation of digital companies (from the Collin and Colin report in 2013 to the more recent work on the bill that has just been adopted).
Syntec Numérique would like to remind you that :
- Sectoral taxation specifically affecting the digital industry will not meet the international challenges of tax optimization that are at stake here. By targeting “digital” as a tool for commerce, intermediation and advertising, the objective is not achieved.
- France’s attractiveness to foreign investors is a strategic issue. Taxation on digital services will penalize domestic companies, without reaching all the targeted players, and without paving the way for a more global, long-term solution steered by the OECD and announced for 2020.
“The bill voted on today cannot, in our view, provide a satisfactory and lasting response to the problem of platform taxation, and could even ultimately penalize our companies. We firmly believe that it is at international level that rules must be set. At a time when the OECD has announced its desire to reach a long-term solution to the challenges of the digital age by 2020, we strongly urge that this law be regarded as temporary.” comments Godefroy de Bentzmann, President of Syntec Numérique.
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