damirUSBiH + 327 DD March 21, 2018 The European Commission proposed rules on Wednesday to make digital companies pay their fair share of tax, with U.S. tech giants such as Google, Facebook and Amazon set to foot a large chunk of the bill.Under the Commission’s plan, companies with significant digital revenues in Europe will pay a 3 percent tax on their turnover on various online services in the European Union, bringing in an estimated $6.1 billion. If backed by EU states and lawmakers, whose support is far from certain, the tax would apply to large firms with annual worldwide revenue above $920.9 million annual “taxable” EU revenues above $61 million. So, if the answer is yes, then a Tech War is coming?:) Quote Share this post Link to post Share on other sites
Pavel + 384 PP March 21, 2018 Well, there aren't any home grown tech giants in Europe? Quote Share this post Link to post Share on other sites
Petar + 76 PP March 21, 2018 Last bad example with FB is most dangerous thing in last few years. We need to make sure that the power of these technologies, really any technology, is never used against the people. The people must control the future, not the powerful. About tax - ok. do it EU. War on all fields.. Quote Share this post Link to post Share on other sites
Pavel + 384 PP March 21, 2018 The final nail in the E.U.'s coffin might be that it became fat and bloated on taxpayer dollars while over-regulating to try and justify its continued existence. They have bigger problems than this, let them take thrash out from their yard first. Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD March 21, 2018 That's an interesting proposal. International tax law and implications are not my center core of knowledge so I'll have to see more angles on this one, but on the surface it doesn't look like a bad start, seeing as big Tech companies hilariously underpay their taxes. Quote Share this post Link to post Share on other sites
franco + 96 FM March 21, 2018 Tax tax tax...where this world is going? Self-destruction Quote Share this post Link to post Share on other sites
franco + 96 FM March 22, 2018 (edited) EU already has 13,000 trade tariffs, many aimed against developing nations in Africa and Asia....Time for liberalization... Edited March 22, 2018 by franco Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD March 22, 2018 The EU is free to tax imports including digital goods as they see fit and place tariffs, embargos, duties and fees on not only US but any non EU technology. Quote Share this post Link to post Share on other sites