Give ne back my hat!

France: "Tax Google etc on revenue, not profit"

France, with the support of Germany, Spain and Italy, propose to tax the large internet multinationals in the EU no longer on their profit, which they lock away to tax havens, but on their EU revenue.

Looks fine to me.
Permalink Lotti Fuehscheim 
September 9th, 2017 11:36am
But this kind of law needs unanimous support from all member states, so I am curious who will oppose this (maybe just to get some favours elsewhere, like the game is usually played).
Permalink Lotti Fuehscheim 
September 9th, 2017 11:37am
It basically would be a sales tax.

I.e., place a sales tax on Internet advertising.
Permalink FSK 
September 9th, 2017 11:42am
Really, these tax dodge tricks should be eliminated.  Corporations should pay tax:

- half based on where their workforce is (and no loopholes for using contractors)

- half based on where their revenue is
Permalink FSK 
September 9th, 2017 11:43am
I can't see corporation tax lasting in the developed world, it's a race to the bottom.

It would be much better to shift it away to capital gains, dividends, VAT and land which are much harder for citizens to avoid.
Permalink libtard_uk 
September 9th, 2017 2:31pm
Land is taxed lightly in the UK. Can't make the aristos angry.
Permalink Yoda 
September 10th, 2017 9:41am
@Sales tax on ads

Isn't it just VAT?
Permalink Yoda 
September 10th, 2017 9:43am
No, VAT is already there.

This should replace tax on profit.
Permalink Lotti Fuehscheim 
September 10th, 2017 10:54am
There's a reason Hollywood stars insist on a percentage of the gross.
Permalink Shylock 
September 10th, 2017 12:16pm
How much is VAT on internet ads in the EU?
Permalink Yoda 
September 10th, 2017 6:08pm
I assume around 20%, with slight variations per country.

19% in the Netherlands.
Permalink Lotti Fuehscheim 
September 10th, 2017 6:18pm
So isn't additional tax on sales equivalent to increasing VAT rate?
Permalink Yoda 
September 10th, 2017 6:28pm

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