Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.
carltonxbka

France Looking At Taxing Netflix, Amazon To Fund Film And Tv - Yahoo News

Paris (AFP) - France is looking to decide this year on how it might tax US online giants Google, Amazon and Netflix to help fund its heavily subsidised film and television sector in response to changes brought on by Internet video streaming. Culture Minister Fleur Pellerin told Les Echos business newspaper in an interview published Thursday "different paths" were being looked at on the French and EU levels to make sure the Internet majors contributed, and she wanted "to find a solution" by the end of this year. "It's an urgent issue for the financing of French production, which they (the US Internet companies) profit from because they are also advertisers," she said. "I have no doubt the solutions France will come up with will also interest Britain, Germany, Italy, Spain and Poland." The comments were the latest news sign that France is determined to protect its audiovisual sector, and continue will counter any attempts by the big American companies to avoid French taxes used to support domestic productions. French President Francois Hollande said in October that European laws on audiovisual services should be overhauled so that view website digital companies based outside of Europe but streaming to European customers are subject to the same taxes as European firms. View gallery France may tax streaming video providers, such as Amazon, to bolster the state-subsidised French TV France has already taken a first step this year by changing its laws to compel online companies located outside of the country but selling to French consumers to pay sales tax. That measure notably hits Netflix, which started streaming to French customers in September 2014.
More: http://news.yahoo.com/france-looking-taxing-netflix-amazon-fund-film-tv-130556154.html

Don't be the product, buy the product!

Schweinderl