France mulls culture tax on smartphonesMay 13, 2013 @ 6:51 am
PARIS (AP) - The French government is considering creating a new tax on smartphones and tablets in a bid to raise millions to support the creation of digital cultural content inside France.
The proposal, handed to President Francois Hollande Monday, outlines a 1 percent tax on the sale of Internet-compatible devices, targeting companies such as Google, Apple and Amazon. The tax would yield about 86 million euros per year. The revenue would help cultural industries create French content such as music, images and videos.
The proposal is part of France's "cultural exception," a policy that protects French cinema and music industries, and other creative sectors, against foreign _ often American _ competition.
The French government will meet leading figures of the cultural sector in the next few weeks before any decision is made.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Russell Wilson gets drafted by baseball's Texas Rangers
The legal marijuana industry might make a lot of cash, but there's nowhere to deposit
The Holiday Map
Find Santa photos, tree farms, lights & seasonal events with our holiday map
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.