Google Tax on the Horizon? France Looks to Tax Internet Ad Revenue in Attempt to Save Music Industry
January 8, 2010 /EIN PRESSWIRE/ The French government may subsidize the music industry from the pocket of the same source that’s dismantling it: the Internet. A report commissioned by the government suggests that a tax on Internet advertising revenue could be used to develop legal outlets for buying media – especially music and films – on the Internet.
As Google is the biggest player in online advertising, the company is squarely in the government’s crosshairs. Despite the amount of money Google makes, should it (considering its role as a search portal) be the one that takes the brunt of the blame for the decline of the music industry’s revenues?
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