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French parliament votes in favour of 'YouTube tax'

Thursday 8 December 2016 | 18:00 CET | News
The National Assembly, France's lower house of parliament, has voted in favour of the so-called 'YouTube tax', an amendment to the budget bill which aims to tax the advertising revenues of online video platforms, reports Les Echos. These revenues will be taxed at a rate of 2 percent, although several exceptions apply. In particular, a higher rate of 10 percent will be levied when the video content, whether free or paid-for, is classed as violent or x-rated.

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Categories: Internet
Countries: France
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