24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

France Targets Internet Companies With New Taxes

The French government will propose a law by year-end to change the way global Internet companies are taxed in France in a bid to counter what it sees as tax avoidance by Web giants like Google and Amazon, according to a newspaper.

Les Echos newspaper, citing a Finance Ministry report entitled 'Taxation of the digital economy,' said the government would seek to tax the user data that web companies collect in the course of their businesses.

Source: Yahoo! News. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement