French National Assembly Passes Gigabyte-Based Internet Data Tax
What happened
The National Assembly passed an amendment to the 2027 budget that introduces a tax on internet usage by the gigabyte. This amendment requires companies to charge €0.055 per gigabyte of data sent to French internet subscribers. The tax is projected to generate €10 billion annually.
From zerohedge.com
Why it matters
The tax is expected to create a significant new revenue stream for the government. However, reports indicate that users could potentially use scripts to circumvent the tax, which could undermine the projected revenue. VideoLAN noted that the tax would cost the organization more than €1 million per year.
From zerohedge.com
Who's involved
- National AssemblyLower house of the French Parliament that voted to implement the tax amendment
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Fox NewsSpeculative
Media content providers might face increased operational costs due to the regulatory action
- EuronewsSpeculative
Media content providers might face increased operational costs due to the regulatory action
- Ministry of Economy and FinanceSpeculative
The Ministry of Economy and Finance could see a new revenue stream from the tax
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The entities involved
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National Assembly
lower house of the French Parliament under the Fifth Republic