With the Internet being a relatively new concept, governments are still working out how to manage, secure, and legalize the Web. The French government, in particular, has been studying how U.S. companies -- such as Facebook, Google, and Amazon -- are making lots of money from its residents but are paying very little in local taxes.
As a response, French President Francois Hollande has commissioned a report that looks at a new idea: taxing the Internet.
According to the New York Times, the report, which was released on Friday, details a tax that would be levied against Internet-based tech companies that collect people's data. These companies mostly gather user data on the Internet for targeted advertising. The proposed tax rates would be based on the number of users each tech company tracks.
Google makes more than $30 billion per year in advertising revenue, according to the New York Times. Two billion of this is earned in France. Since Google isn't a French company, it doesn't have to pay taxes on all of this income.
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