The French Senate has approved a new tax on online advertising services offered by Internet giants such as Google. But critics say the plan misses the point and burdens domestic companies instead.As online advertising continues to grow rapidly throughout Europe, French senators this week approved a new tax law aimed at securing the government to a piece of the revenue pie.
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France plans to introduce new ‘Google tax’
The French Senate has approved a new tax on online advertising services offered by Internet giants such as Google. But critics say the plan misses the point and burdens domestic companies instead.