GAFA tax: Companies have received their tax notice

"Companies subject to this tax have received a tax notice for the payment of the 2020 installments," said Bruno Lemaire. Not to mention the possible wrath of the American authorities, the GAFA have already taken the lead. Here's how.   The negotiations on the digital tax at the OECD have come to naught. “We had suspended the collection of the tax until the OECD negotiations were concluded. This negotiation failed, so we will collect a tax on the digital giants next December, "explained Bruno Le Maire, the French Minister of the Economy, in mid-October. "Companies subject to this tax have received a tax notice for the payment of the 2020 installments," the Ministry of the Economy said today. Facebook and Amazon "are among the companies" which have been notified "in recent days", assures for its part the Financial Times. So after firing the first ones, what should the French authorities expect from now on? Has

The Sahelo-Saharan Bank mobilizes CFAF 640 million to finance the activities of PME-PMI which are fighting against Covid-19

BSIC has set up a financial mechanism to support small and medium-sized businesses whose activities contribute to the fight against Covid-19. The 643 million FCFA available will be allocated to the projects of 28 SMEs-SMIs in the 14 countries where the bank is located.

The Sahelo-Saharan Bank mobilizes CFAF 640 million to finance the activities of PME-PMI which are fighting against Covid-19

The BSIC (Sahelo Saharan Bank for Investment and Trade) is launching a call for projects aiming to support SMEs-SMIs and micro-enterprises oriented towards the production of equipment or accessories intended for the prevention and fight against the pandemic of Covid-19.

In detail, the announcement targets young entrepreneurs in the group’s 14 countries, including Togo. It will finance 2 projects per country, up to 35,000 euros (about 23 million FCFA) per project.




The financial institution based in the Togolese capital will support 28 projects, with total funding of around CFAF 643 million, which will have to be granted on flexible terms.

Applications for this announcement must reach the headquarters of the Togo branch in Lomé no later than Friday, July 24.