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French Wants To Tax Google & Others
France to explore “Google tax” to pay creative work from Reuters reports the French government wants to find a way to tax Google and other companies like them. The President of France, Nicolas Sarkozy, said:
For the time being, these companies are taxed in the country in which they are headquartered even though they make up a big part of our advertising market.
He asked people in his staff to explore ways to tax Google, which is headquartered in the United States, as well as other online advertising companies based outside of France.
France is not the only country looking to tax Google. The UK said Google is avoiding taxes in their country. I personally know very little about tax law and internal tax law. So it is hard for me to comment about these allegations and France’s right to tax Google.
For more details, see Techmeme.