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Sarkozy returns to online ad, Euro corporation taxes

Thursday 15 March 2012 | 12:35 CET | News
As he runs for re-election, French president Nicolas Sarkozy has revived the idea of taxing internet giants in an interview with Le Point magazine. An online advertising tax was passed by parliament then dropped last year due to criticism from French companies arguing that big operators headquartered in Luxembourg and Ireland would avoid paying it. According to Sarkozy, corporate tax laws written in the 1990s are not adapted to the internet age, writes Les Echos. A faster option than rewriting bilateral agreements with hundreds of countries would be to push for the adoption of a European

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Categories: Internet
Companies: Amazon / Apple / Facebook / Google
Countries: Europe / France
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