 Posted: Sun 5:50, 01 Dec 2013 Post subject: $81.8 million |
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| Google, France settle ad tax dispute
PARIS,[url=http://www.ksacinc.com/cheapbeats/?]cheap beats[/url], Feb. 2 () -- French President Francois Hollande said a deal that avoided a tax on Google is a significant achievement in the growing digital global economy.The agreement signed in Paris Friday calls for Google to contribute 60 million euros ($81.8 million) to assist France with digital innovation and raising advertising revenue.Hollande said in a written statement the deal was "a model for effective partnership and is a pointer to the future in the global digital economy."The settlement came in a dispute in which France attempted to place a tax on Google's advertising revenues and Google responded by threatening to exclude French publishers from its search results.Google reached a similar deal last month with Belgian newspaper publishers,[url=http://www.ksacinc.com/cheapbeats/?]beats by dre outlet[/url], and additional deals were expected this year with other European media companies, Radio France Internationale said. |
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