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