France Drops Plans for 'Google Tax'
PARIS — French legislators have dropped plans for a tax on online advertising that had come to be known, somewhat misleadingly, as the “Google tax.”
Philippe Marini, a lawmaker from the UMP party of President Nicolas Sarkozy, late on Wednesday withdrew legislation seeking to reimpose plans for the tax, only days after the National Assembly had rejected it.
The measure, which had been approved by the Senate, would have imposed 1 percent levy on online advertising expenditures in France. It was aimed at addressing the French government’s concern that foreign Internet companies like Google pay little or no tax on their earnings in France.