Wednesday 17 July 2013

GOOGLE TAX

Today's word: GOOGLE TAX
Theme for this fortnight: TAXES

 
The Culture Ministry of France determined taxing online advertisements, such as those that appear on Google, Facebook, and Digg, will accrue up to $29 million per annum. Microsoft, AOL, and Yahoo! will also be subject to the tax. France is eager to use this revenue to support artists and online cultural information centers for citizens of France.
According to 20 Minutes, President Nicolas Sarkozy is the pusher behind this revolutionary tax. While it currently ranks on the global oddities list, it could be enacted worldwide. Sarkozy, however, may just be playing out his vendetta with Google, as he has frequently complained that Google is “depriving” France of its culture and heritage by scanning French art for digital libraries.

 

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