Tax for internet companies

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

Relevant offers

Industries

Kirkcaldies' boss John Milford to head Business Central Lines company may sell BOP investment Connor reapplies for takeover approval Angry investors tackle Pyne Gould Corp Air NZ legal victory over surcharge appealed Sharebroker eyes civil action against South Canterbury Finance SFO investigates Trends Publishing Lyttelton port workers begin overtime ban Dairy bounce-back tipped after GDT auction Auckland housing market unique

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