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Internet

France aborts proposed 'Google Tax'

Thursday 30 June 2011 | 09:02 CET | News
France's so-called Google Tax, a bill supported by the Senate but rejected by the National Assembly was finally laid to rest. Les Echos reports that deputy Philippe Marini withdrew his tabled amendment calling for a 1 percent tax on the global media spend on online advertising in France from 1 July. The statute would have raised about EUR 20 million a year for the Treasury. As he withdrew the amendment, Marini vowed to legislators that he would keep on fighting to generate tax revenues from Google, Facebook, Apple and other such business empires. France's recently established national digital

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Categories: Internet
Companies: Google
Countries: France
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