France not entirely daft - shock
from Ecommerce News Europe:
The French Minister of Finance told newspaper Le Parisien that the proposed tax is aimed at companies with worldwide digital revenue of at least 750 million euros and a French revenue of more than 25 million euros.
He wants to target commission-based online platforms, like Amazon or Booking.com. Companies that sell their products on their own websites, like French ecommerce company Darty, wouldn’t be targeted.
Good start - the point about these platform/intermediary companies is that their value is in network effects aka rent, and ...
