Current Affairs - International - Discussion
Discussion Forum : International - Latest Current Affairs (Q.No. 5474)
5474.
This country plans to introduce a tax system named 'GAFA tax' on internet firms from 1 January 2019.
Answer: Option
Explanation:
France will introduce its own tax on large internet and technology companies from 1 January 2019. The name of the tax is 'GAFA tax' which was named after Google, Apple, Facebook, and Amazon. The aim of imposing the tax is to ensure that the global giants pay a fair share of taxes on their massive business operations in Europe.
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