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

In September, OPEC recorded an increase in oil production of 160,000 barrels per day

The Organization of the Petroleum Exporting Countries saw its oil production jump 160,000 barrels per day in September. This performance is mainly attributable to the return of Libyan supply to the market.

In September, OPEC recorded an increase in oil production of 160,000 barrels per day

The Organization of the Petroleum Exporting Countries (OPEC) pumped an average of 24.4 million barrels of oil per day in September, 160,000 barrels per day more than in August. This increase can be explained, among other things, by the restarting of certain Libyan installations and the improvement of Iranian exports.

It must be said that the increase in supply from OPEC members since the previous month and doubts about demand have had an impact on oil prices, with investors showing very little confidence in the market. For example, in September, prices fell by 10% to almost $ 40 a barrel. 



“While demand is struggling to keep up, supply is increasing,” said Paola Rodriguez-Masiu, analyst at Rystad Energy.

Recall that according to forecasts by the American investment bank Goldman Sachs, the demand for oil should increase by 3.7 million barrels per day between January and August of next year, while the supply will remain capped thanks to the OPEC + policy combined with a slight increase in non-OPEC supply.