France Wants a 1 Percent Tax on Smartphone and Tablet SalesMon, May 13, 2013 - 9:17 PM
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 today, 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. That means technology lovers will have to pay a little more money to help pay for the “work” of others who for some reason need a boost.
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.