Google, Facebook, Amazon may be subject to French taxes
With the Internet being a relatively new concept, governments are still working out how to manage, secure, and legalize the Web. The French government, in particular, has been studying how U.S. companies -- such as Facebook, Google, and Amazon -- are making lots of money from its residents but are paying very little in local taxes.
As a response, French President Francois Hollande has commissioned a report that looks at a new idea: taxing the Internet.
According to the New York Times, the report, which was released on Friday, details a tax that would be levied against Internet-based tech … Read more