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France Plans To Tax Google and Yahoo

It appears that there is a move afoot by the French government to get their share of Google and Yahoo’s internet cake.

From V3:

In a move that may have repercussions worldwide, French president Nicolas Sarkozy has put forward plans to tax major internet advertising companies like Google and Yahoo in order to raise money to support creative industries.

Sarkozy made the speech (video in French) to French culture officials at the Cité de la Musique in Paris yesterday.

Sacre merde!

I’m usually one of the first ones to jump in in favour of supporting the arts but, things like this rarely see the money distributed where is was intended.

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(Image used under CC from djof Flickr feed)

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