Report: France considers Internet tax
July 18, 2012 // Peter Clarke
The French government is considering ways to tax Internet based companies that contrive to sell products and services in France without paying much to the government there by way of taxes, according to an Agence France-Presse (AFP) report.
Google, Apple, Facebook and Amazon are being targeted the report quotes Yves Le Mouel, head of the French Telecommunications Federation (FFT), as saying. The GAFA quartet has annual sales of around five billion euros (about $6.1 billion) in France, the report said.
It is an old question that first surfaced in the 1990s when the Internet first became popular and facilitated international sales. The idea of an internet tax was put to one side at that time because individual countries found it too difficult to address and were wary of the economic penalty of not developing as knowledge-based and Internet-enabled societies.
The French government has now launched a study due later this year that will again look at levies on Internet-based companies.
"Our fiscal system has trouble integrating new transaction forms generated by the digital economy. The result is a loss of income for public finances and a competitive disadvantage for French companies with respect to international groups which have organized themselves to evade or diminish their taxes," the report quoted French ministries as saying in a statement.
Imagination positions itself for 802.11ah for the Internet of Things
July 24, 2014
Imagination Technologies has developed a low power configurable radio architecture for the wide range of existing and emerging ...
Smartwatches suck, says Pebble backer
Broadcom cuts 2,500 jobs to exit cellular market
Photographic method to survey magnetic field
Signal Integrity guru puts comprehensive SI training online
Failed merger talks won't stop Dialog
July 23, 2014
AMS, formerly known as Austriamicrosystems, and Dialog Semiconductor couldn't agree the terms of a merger, which feels like ...
Peregrine Semiconductor and RF Micro Devices settle all litigation
Atomic clock based on a chip-scale frequency comb
RFID tags track honey bees
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
- Dual 13A μModule Regulator with Digital Interface for Remote Monitoring & Control of Power
- Exploring the Business Model Evolution of High-Tech Equipment Manufacturers
InterviewCEO interview: China, not Apple, is way to go, says mCube CEO
Ben Lee, CEO of MEMS startup mCube, explains why he wants to spend $37 million on being a supplier of sensors to Chinese ODMs and avoiding a design win with Apple or Samsung.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.