Spain planning on going ahead with ‘Google tax’ despite US tariff threats
1–10 of 275 posts
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#2These are patchwork solutions.
It would make more sense if EU countries would make laws that extend normal VAT to all internet business in EU and close all Irish loopholes. Google and others use Irish tax arrangement schemes like "The Double Irish" (base erosion and profit shifting), the Single Malt, and CAIA to avoid paying taxes.
12 EU states reject move to expose companies' tax avoidance https://www.theguardian.com/business/2019/nov/28/12-eu-state...
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#3These are patchwork solutions. It would make more sense if EU countries would make laws that extend normal VAT to all internet business in EU and close all Irish loopholes. Google and others use Irish tax arrangement schemes like "The Double Irish" (base erosion and profit shifting), the Single Malt, and CAIA to avoid paying taxes. 12 EU states reject move to expose companies' tax avoidance https://www.theguardian.co…
While I agree about it making more sense that way, you only need one state to veto such a measure, and further integration is on hold right now. Plus the EU has it's hands full with Syria, Russia\Ukraine and Brexit.
So Spain can act now, or wait a few more decades...
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#4They expect to make €850 million in exchange for tariffs from the US which will hurt the already battered primary and secondary sectors. A flawless plan.
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#5These are patchwork solutions. It would make more sense if EU countries would make laws that extend normal VAT to all internet business in EU and close all Irish loopholes. Google and others use Irish tax arrangement schemes like "The Double Irish" (base erosion and profit shifting), the Single Malt, and CAIA to avoid paying taxes. 12 EU states reject move to expose companies' tax avoidance https://www.theguardian.co…
The EU will never close tax loopholes since there will always be a veto from the likes of Ireland, Netherlands, Luxembourgh or UK.
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#6I don't understand why the US constantly interferes in the internal affairs of other countries like this
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#7They expect to make €850 million in exchange for tariffs from the US which will hurt the already battered primary and secondary sectors. A flawless plan.
It's not about the money - it's about sending the message. No pun intended.
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#8Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#9These are patchwork solutions. It would make more sense if EU countries would make laws that extend normal VAT to all internet business in EU and close all Irish loopholes. Google and others use Irish tax arrangement schemes like "The Double Irish" (base erosion and profit shifting), the Single Malt, and CAIA to avoid paying taxes. 12 EU states reject move to expose companies' tax avoidance https://www.theguardian.co…
Most of Google's paying customers are businesses, for them an increase in VAT is neutral as they will be reclaiming it.
Re: Spain planning on going ahead with ‘Google tax’ despite US tariff threats
#10Earlier quoted context omitted.
It's not about the money - it's about sending the message. No pun intended.
[flagged]
Yes, I know. They are socialists so they don't care if blue collar workers suffer just so they can "send a message".
The Conservatives in the UK are planning a similar tax, they are certainly not a socialist party.