French President Pushes For 'Google Tax'
eweekeurope.co.uk
eweekeurope.co.uk
Let them die please, they produce nothing worthy.
Also i find it fun to see them speak of multi-million euros industries who have done more to kill creation than any other, like if they needed to be saved. This is so typical of our actual government in france. Actually protect the wealthy by pretending they're poor, and do nothing for people who actually needs help.
How can the French do this without falling foul of EU laws?
President Obama has thrown his weight behind a plan that could see foreign firms such as Chinese Global Internet Services being taxed for doing business in USA.
Known as the Chinese Global Services Tax, the controversial proposals will force foreign Internet firms to pay a new tax on their online advertising revenue in USA.
The big picture behind this is scary. If every nation starts taxing internet companies from every other nation for revenue generated off their own population (regardless if said company has a presence in that country), it'll slow down growth tremendously and kill a lot of business models.
I might be a bit cynical, but the truth is that this has nothing to do with culture, the French internet, or anything similar: this has all to do with France abyssal debt and chronically unbalanced budgets (the last balanced budget was in the seventies...), and the need for the government to get more money.
So why Google ? Because it's easy to explain citizens that you are going to tax a foreign company. Easier than telling them that they will have to pay yet another tax. And if it doesn't work because of the EU, the government will have someone else to blame for the need of a new tax on the French taxpayer... et voilà.
This, or they are really stupid and think that taxing Google will somehow have a positive outcome on French economy. I don't think they are stupid.
On the other hand. It's not a bad idea for America. If we taxed advertisements I /might/ see less of the ones I find annoying. And we could funnel that money into education or health care. Reducing the US' carbon footprint. Bleh. Lots of uses.
But a tax that citizens aren't paying (in this context) is a great idea in my opinion.
I'm French and around me (including friends who are living outside France) nobody seems to be bragging about the Minitel these days (maybe 10 years ago, but now, no really).
We consider it mostly some outdated device that had its importance a long while back.
Any links or feedback to provide ?
It looks like they came little late to the internet party, but caught up quickly: http://www.ipsos-na.com/news/pressrelease.cfm?id=3030
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