French government targets internet companies on taxation

The French government has said it will consider changing laws next year that will block the ability of online companies to pay levies on French earnings in European countries with lower tax rates.

27th November, 2012
French government targets internet companies on taxation
Google -- 500 of whose 36,000 employees worldwide are in Paris -- maintains its European headquarters in Ireland.

The French government has said it will consider changing laws next year that will block the ability of online companies to pay levies on French earnings in European countries with lower tax rates.

Many of the companies that have been openly criticised by French politicians, such as Google, Facebook and Apple, have major operations in Ireland. The French government is also weighing options for common European value-added taxes, according to a Bloomberg report.

“There’s a...

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