German Court Levies Copyright Tax On New Computers

Law360, New York (January 4, 2005, 12:00 AM EST) -- In a landmark decision that could have wide ramifications for computer makers in Europe, a German court has ordered Fujitsu Siemens to pay copyright royalties for each computer it sells.

The Munich District Court ordered Fujitsu Siemens, a joint venture between the Japanese and German electronics makers, to pay a copyright levy of 12 euros per new computer sold in the country.

The decision marks the first time a European court has imposed a copyright levy on new PCs and is likely to be challenged by...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.