Today's Coming Crisis Movie

Tuesday, May 14, 2013

France set to introduce 1% 'internet tax' on smartphones and tablets to raise millions for digital development....You wait!, it will be breathing Next!

The French government is considering creating a new tax on smartphones and tablets in a bid to raise millions to support the creation of digital cultural content inside France.

The proposal, handed to President Francois Hollande today, outlines a one per cent tax on the sale of Internet-compatible devices, targeting companies such as Google, Apple and Amazon.

The tax would yield about 86 million euros per year. The revenue would help cultural industries create French content such as music, images and videos.