Tax for internet companies

REUTERS AND TOM PULLAR-STRECKER
Last updated 05:00 21/01/2013

Relevant offers

Industries

Strongline Buildings in liquidation Goodman Property sells Chch site More Spark job cuts may come Fletcher Building plans Auckland development Migration boom hits record high Visitor arrival numbers rise Crane collapses at Lyttelton Port Home detention after fax mag scam Consumer confidence could boost retailers Cementing China connection

The French Government is preparing a new law that would change the way internet giants such as Google and Amazon are taxed in France, according to a French media report.

Citing a French finance ministry report entitled Taxation of the Digital Economy, newspaper Les Echos said the government would seek to tax the user data that web companies collected in the course of their businesses.

New Zealand Revenue Minister Peter Dunne last month ordered Inland Revenue to back the Organisation for Economic Co-operation and Development in its effort to stamp out rampant tax avoidance by multinationals operating principally in the digital economy.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content