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

HSBC Bank to Make $ 1 trillion Available to Help Customers Reduce Emissions

HSBC bank is committed to making $ 1 trillion available to its customers over ten years to support them in reducing their emissions. It is also committed to achieving carbon neutrality in its activities by 2030.

HSBC Bank to Make $ 1 trillion Available to Help Customers Reduce Emissions

British bank HSBC is committed to achieving carbon neutrality in its operations by 2030. It has also made a commitment to have a portfolio of customers who have achieved carbon neutrality by 2050. To achieve this the institution will provide its clients with $ 1 trillion over the next decade to support them in reducing their greenhouse gas emissions.

“As we enter a pivotal decade for change, we have an opportunity to accelerate our efforts to build a healthier, more resilient and more sustainable future,” said Noel Quinn, the bank's executive director in a communicated. 



HSBC also plans to work towards establishing standards, globally consistent and verified over time, to measure the emissions financed as well as the evolution of the carbon market. In addition, she will regularly post her advancements and encourage her clients to do the same.

Recently, the institution has come under heavy criticism for funding billions of companies involved in deforestation. It is also the second largest financier of fossil energy companies in Europe, behind Barclays, since 2015, according to Bloomberg data.