France Considers Tax for Search Giants

The BBC report that France are considering charging Tax for Google, Yahoo and Facebook. See below for a quote from the BBC website:

“Google and other net firms could be taxed under plans being considered by the French government.

A report, commissioned by the government, suggests firms such as Google, Yahoo and Facebook should pay a new tax on their online ad revenues.

The money could be used to fund legal alternatives for buying books, films and music on the internet.

President Nicolas Sarkozy has taken a tough line on the increasing dominance of digital content….”

Related Links: BBC Article