France tries to set trend with internet tax bill

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The government hopes the move will catch on abroad despite an earlier failure to reach consensus at the European Union level.

The bill, to be discussed by cabinet ministers before being submitted to parliament, is a proposal by Economy Minister Bruno Le Maire to have companies pay a tax of three percent on much of their digital sales in France.

The new tax will cover areas such as advertising, websites and the resale of private data, Le Maire said."There will also be a French firm and other originally French firms that were later bought by big foreign companies," the minister added. The low tax rates have aroused anger in many European countries, but the 28-member bloc is divided on how to resolve the issue.

Britain, Spain and Italy are also working on national versions of a digital tax, while Japan, Singapore and India are planning schemes of their own.

 

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