Friday, January 8, 2010

France considers taxing Google and other Internet portals

     Time to find some more money for the government of France.  I can see where this is going as it has been talked about in the past.  

In a speech Thursday, French President Nicolas Sarkozy said he supported key initiatives among the 22 recommended in the Zelnik report.

Though he did not specifically call for a tax on portals such as Google, Yahoo, AOL and Facebook, as the report recommends, Sarkozy said that "the possibly dominant position Google has acquired in the online ad market" should be officially investigated for any unfair practices.

The commission called for such an investigation and even blamed Google and other "American giants on the Internet" for presenting "Europe and its cultural industries" with challenges by failing to share online ad profits with authors of the content.

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