Earlier 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.
Netflix Europe offices raided in tax fraud probe
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Re: Netflix Europe offices raided in tax fraud probe
#152I 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
#153As a non-European, it seems like these raids happen regularly to large companies' offices in Europe (mostly US companies). Maybe some Europeans can chime in and answer something that's been bothering me: Does this happen to smaller companies, too? Is it a serious problem to getting work done, not knowing if regulators are going to shut you down and rifle through your filing cabinets?
For 99,9% of companies, you get audited every 5—25 years by getting a visit from your local tax authority.
Remember: Small/medium companies have comparable companies and you can easily spot the tax dodgers. Or tax dodging is unofficially tolerated to some degree — think restaurants only accepting cash.
Most companies are not as blatantly illegal as Uber..
Re: Netflix Europe offices raided in tax fraud probe
#154Earlier quoted context omitted.
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.
Hard to see how a company can imagine it can do business in a country and not follow that country’s record keeping laws and be subject to criminal and civil statutes in that country.
Re: Netflix Europe offices raided in tax fraud probe
#155How about just get rid of double taxation in corporate taxes? Eventually, taxes will get paid via distributions or sale of stock by individuals.
There is no double taxation. Transactions are taxed, not money.
Re: Netflix Europe offices raided in tax fraud probe
#156I 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.
It doesn’t. Especially with multinationals, and doubly so as crypto gains adoption. Hence why the governments of the world are in a panic. Decentralization is a huge threat to bureaucracy since their tools of intimidation and control are less effective.
Re: Netflix Europe offices raided in tax fraud probe
#157As a non-European, it seems like these raids happen regularly to large companies' offices in Europe (mostly US companies). Maybe some Europeans can chime in and answer something that's been bothering me: Does this happen to smaller companies, too? Is it a serious problem to getting work done, not knowing if regulators are going to shut you down and rifle through your filing cabinets?
They also raid anyone else they don't like, such as people who run Tor exit nodes... but random small businesses are not in that group.
Re: Netflix Europe offices raided in tax fraud probe
#158Earlier quoted context omitted.
If you are a little person in the USA, I believe that would be spoliation of evidence.
I don’t think any of these kill switches involved deleting data, just temporarily removing access of systems in the affected office.
Re: Netflix Europe offices raided in tax fraud probe
#159Earlier quoted context omitted.
Purchase tax would work like reverse VAT. Companies could be awarded tax credits for their sales (not 100% though) and pay tax on their purchases. This would be harder to evade and additionally incentivise companies to do more with less which might be good for environmental transition.
Why not 100%? How is that even supposed to work in low-margin markets like construction, where the profit is 100x less than the costs, so even 1% tax would erase it? But any markets really, this makes innovation and business so risky that I'd probably close down my IT company too.
Re: Netflix Europe offices raided in tax fraud probe
#160Earlier quoted context omitted.
How the hell can any of what you just described be legal? Do you have any articles about this? Because this is insane if true.
Why should it be illegal? Isn't it akin to "right to remain silent"? Why the need to present any information to police unless it is asked by court. Assuming that they didn't delete the data, just moved it to somewhere safe where it couldn't directly be taken away. We had a raid in one of my previous company due to copyright violation due to a user uploaded content. Authorities came in to take in all the codebase, rep…