经济观察报·2025-12-08 10:41Core Viewpoint - The article discusses the recent adjustments to France's digital services tax, highlighting its implications for large digital technology companies, particularly American firms, while noting the limited impact on Chinese internet companies in the French market [1][3]. Summary by Sections Digital Services Tax Adjustments - France has increased the digital services tax rate from 3% to 6% and raised the global annual revenue threshold for taxation from €750 million to €2 billion, effective from the 2026 budget [2][3]. - The revenue from the digital services tax in France was €620 million in 2022, projected to reach €700 million in 2023, €800 million in 2024, and exceed €1 billion in 2025 [3]. Impact on Companies - The adjustments primarily target large multinational internet giants, especially from the U.S., while excluding many small and medium-sized enterprises due to the increased revenue threshold [3][6]. - The digital services tax aims to address tax inequities and protect local interests, directly impacting U.S. tech giants that have historically avoided taxes through complex structures [6][7]. International Context - France's digital services tax is part of a broader international trend, with various OECD countries implementing similar taxes, reflecting a shift in tax legislation to adapt to the digital economy [4][6]. - The OECD's "Two Pillar" reform aims to balance taxation rights between market and service countries, but progress has stalled, prompting France to take unilateral action [10][11]. Economic Implications - The tax adjustments may lead to increased costs for consumers and businesses that rely on large internet platforms, as these companies may pass on the tax burden [15][16]. - The potential for a negative impact on the French economy exists, as the adjustments could create a squeeze on local businesses and consumers while large global firms continue to thrive in other markets [16].