Spain Proceeds with Google Tax
October 31, 2014 Taxation in Spain
MADRID – On October 30th the Congress of Spain voted on and approved several legislative reforms paving the way for the introduction of the country’s heavily debated “Google Tax”.
Under the conditions of the Google Tax, any aggregation service, such as search engine, may be charged by a publisher, news outlet or content holder for using any exert from their published content.
According to some technical and taxation experts, the conditions of the new system will require large search engines, such as Google, to pay Spanish publishers for linking to their content, as links are normally accompanied by a small exert of the content in question.
The new rules will come into effect on January 1st 2015.
Many technical experts have pointed out that similar taxes have been implemented across the world, most notably in Germany, however, they have so far proven unsuccessful.
Photo By: Robert Scoble