Tax for internet companies

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

Relevant offers

Industries

Uncertainty surrounds Southland's Prime Range Meats as workers are sent home Buy this beach: What you need to know Backpackers in Marlborough not paid for vineyard work Inland Revenue close to revealing job cuts as BT programme proceeds apace BNZ seeks mortgagee sale of Abel Tasman beach owner's $1.6m Wellington home Waitangi weekend drew out the shoppers Reclusive rich-lister John Spencer was once NZ's richest man Gareth Morgan critical of crowd-sourced Abel Tasman beach campaign Mummy blogger Heather Armstrong says 'real voices' being silenced online Animal rights group SAFE calls on Countdown to dump cage-farmed eggs

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