I know I'm likely alone in this opinion, but corporate income tax seems like a poorly designed tax to me. Why should companies pay taxes in a year with high profits, even if they face losses for the next ten years? Why should I pay corporate income tax when dividends and income are taxed anyway? Corporate income tax also seems to heavily influence business strategies as a consequence, which wasn't its intended purpos…
Why shouldn't companies pay taxes? Especially since income is taxed already and your average Joe gets screwed way more than the poor downtrodden billion dollar companies.
Netflix Europe offices raided in tax fraud probe
141–150 of 366 posts
Re: Netflix Europe offices raided in tax fraud probe
#142Earlier quoted context omitted.
> everything being stored in the cloud somewhere Sounds like it would make it easier for law enforcement. They no longer need a warrant against/for the company they're investigating, just the place where their data is stored. Get the warrant, raid the place and grab the drives, then continue the investigation. Done the right way, the company under investigation wouldn't even notice it.
Grab the drives from the cloud? Isn't most data in the cloud heavily distributed and broken into shards across many racks and drives and such? And encrypted so is useless outside of the custom block storage system employed by the cloud provider? They would need to decrypt and assemble the shards to get usable data out. I have no clue how they would even know which drives out the tens of thousands to grab, and they wo…
https://leb.fbi.gov/articles/featured-articles/executing-sea...
Or in China, just take the entire data center. https://www.theregister.com/2018/01/11/icloud_china_goes_to_...
Re: Netflix Europe offices raided in tax fraud probe
#143Earlier quoted context omitted.
That sounds so illegal, it's crazy there aren't consequences for that. EDIT: Article on the kills switch https://www.theguardian.com/news/2022/jul/10/uber-bosses-tol...
If you are a little person in the USA, I believe that would be spoliation of evidence.
Re: Netflix Europe offices raided in tax fraud probe
#144Earlier quoted context omitted.
It can be destruction of evidence, which is illegal.
Denying access to data that could still be specifically subpoenaed isn't destruction of evidence, it's a normal security measure. They still have the warrant to search everything in the office , but not the right to use those computers to access uber's entire worldwide infrastructure. I have no idea what french law says about it but I think it's morally fine and don't care that uber did it.
Re: Netflix Europe offices raided in tax fraud probe
#145Earlier quoted context omitted.
The alternative, giving them a password that gives them read/write access to sensitive systems, would be insane. Subpoena for particular data.
Yeah it's hard to see how any French official would have authority to conduct searches 10 meters beyond French borders, let alone over all of Uber's computers located in dozens of other countries.
Re: Netflix Europe offices raided in tax fraud probe
#146Earlier quoted context omitted.
That sounds so illegal, it's crazy there aren't consequences for that. EDIT: Article on the kills switch https://www.theguardian.com/news/2022/jul/10/uber-bosses-tol...
The alternative, giving them a password that gives them read/write access to sensitive systems, would be insane. Subpoena for particular data.
Re: Netflix Europe offices raided in tax fraud probe
#147I wonder how these "office raids" would work for remote first companies that don't have much of an office presence and with little or no physical documents and everything being stored in the cloud somewhere.
Re: Netflix Europe offices raided in tax fraud probe
#148Earlier quoted context omitted.
Doesn't matter - you can't make any judgement without knowing these numbers. They may have actually paid a higher tax rate than previously - we don't know.
Funny how it works, they lose money everywhere but one of the smallest country they operate in banks 50% of their worldwide revenues, it probably is just a coincidence that this is a tax heaven... we just don't know I guess The French branch made 160k of profit while the Irish branch made more than all the other EU countries combined FYI: france is the second market for airbnb after the US... do you really think they…
Re: Netflix Europe offices raided in tax fraud probe
#149Earlier quoted context omitted.
Denying access to data that could still be specifically subpoenaed isn't destruction of evidence, it's a normal security measure. They still have the warrant to search everything in the office , but not the right to use those computers to access uber's entire worldwide infrastructure. I have no idea what french law says about it but I think it's morally fine and don't care that uber did it.
I just have a hard time believing that any of us could get away with that.
Regardless, the government violating an individual's rights doesn't mean we should yell at uber, it means we should yell at the government.
Re: Netflix Europe offices raided in tax fraud probe
#150I wonder how these "office raids" would work for remote first companies that don't have much of an office presence and with little or no physical documents and everything being stored in the cloud somewhere.
They just demand the data per warrant and if you don’t deliver you go to jail for obstruction of justice