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Three European Countries Block Tax on Tech Giants

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Re: Three European Countries Block Tax on Tech Giants

#211
post #204

Earlier quoted context omitted.

France has a competitor to Google and that's called Criteo, one of the biggest ad business in this continent.

http://gs.statcounter.com/search-engine-market-share/all/eur...

It's not a search engine, it's only an ad business.

Re: Three European Countries Block Tax on Tech Giants

#212
post #110

Earlier quoted context omitted.

i meant revenue (which i think you'll understand why it's a problem if you've ever had to pay any corporate tax in your life).

I don't like income taxes either, but to be fair, all employees are paying taxes out of their 'revenues'.

People don’t produce goods to sell ( so profits and revenue are actually not really relevant concepts). They’re the endpoint of the economy so they’re a very special item. Same reason something called VAT only apply to them.

Re: Three European Countries Block Tax on Tech Giants

#213
post #204

Earlier quoted context omitted.

http://gs.statcounter.com/search-engine-market-share/all/eur...

It's not a search engine, it's only an ad business.

Indeed.

Criteo is « just an ad business » ( which is going to take a huge hit from all the privacy measures, btw). It’s extremely vulnerable compared to the company that own the content platform, aka the search engine, or the social network. Calling them a competitor to google is true, but it’s also a very narrow point of view.

Just look at how well it’s doing on the stock exchange and you’ll see what i mean,

Re: Three European Countries Block Tax on Tech Giants

#214

Earlier quoted context omitted.

I support it too. Big corporations pay almost no taxes in our country; instead it is individual and small and medium entreprises that are heavily taxed. This makes it very hard to start and run a business in the long term.

They pay VAT for sells in your country. It doesn't matter if it's consumer or a company paying the tax, the amount is added to the price. If you want them tax then increase that. Why do you feel entitled to profits of the company that isn't based in your country? It's like thinking the company should pay 5m in tax in Ireland based on sells in France while being ok with them deducting expenses from unrelated business…

> They pay VAT for sells in your country. It doesn't matter if it's consumer or a company paying the tax, the amount is added to the price. If you want them tax then increase that.

VAT is tax for consumers, not corporations.

> Why do you feel entitled to profits of the company that isn't based in your country?

Because those profits are made from sales in that country, and every physical company selling in that country pays their taxes, just because Internet-based companies can avoid having a physical presence to perform their sales (Amazon still has warehouses), doesn't make them exempt from the same logic.

Re: Three European Countries Block Tax on Tech Giants

#215

Earlier quoted context omitted.

It's just basic horse-trading. A somewhat extreme yet very basic example would "all of the law" (for some specific jurisdiction). Assuming this isn't North Korea, you will probably find an overwhelming majority considering the status quo to be better than completely lawless anarchy, even though every single individual can probably point at some individual law that they would rather abolish. International trade agreem…

>> It's just basic horse-trading I understand it's all about horse-trading, it's the meaning of the word "everyone" in the claim "a net positive for everyone" that I question. My understanding of European Union horse-trading is that it's all about "you scratch my back, I'll scratch yours". This might well be good for most if not all EU politicians and bureaucrats, it's patently not going to be a net positive for ever…

"Everyone" was meant as "every EU member state". Of course no policy will ever truly be net positive for 300M+ people. That's impossible, in that, for example, a magic spell instantly turning North Korea into a free, democratic, peaceful country renown for its humor and abundance of good spots for snorkeling would likely be negative for Kim Jong Un.

For the EU this discussion is basically identical with the tired flame war of "EU is undemocratic cleptocratic fascist/communist (please circle according to preference) monster bureaucracy deciding on banana and keeping brave people of Somecountry down" vs. "Nope, it isn't, and the banana example is no longer just wrong, but also outdated".

Re: Three European Countries Block Tax on Tech Giants

#216
post #208

Earlier quoted context omitted.

They pay VAT for sells in your country. It doesn't matter if it's consumer or a company paying the tax, the amount is added to the price. If you want them tax then increase that. Why do you feel entitled to profits of the company that isn't based in your country? It's like thinking the company should pay 5m in tax in Ireland based on sells in France while being ok with them deducting expenses from unrelated business…

AFAIK Vat is a tax which insist on consumers, not on companies.

So an oil company that buys steel pipe to make an oil well doesn't pay VAT on the pipe? Not a European, so just asking.

Re: Three European Countries Block Tax on Tech Giants

#218
post #207

Earlier quoted context omitted.

What does Google have a monopoly on? Do you not have access to iOS? Do you not have access to DuckDuckGo and Bing?

http://gs.statcounter.com/search-engine-market-share/all/eur...

I don't think "monopoly" is best judged by "current market share", but by whether a) it's easy for users to switch, and b) whether having that market share is self-reinforcing in a way that prevents competitors from entering.

The parent's point was that a) is not true for Google as a search engine.

b) doesn't seem to be true either; while money and experience can make you provide better search results, you don't get an advantage just from a high current percentage of searches.

In a trivial sense you can "SilasX has a monopoly on SilasX's labor" or "Joe Schmoe has a monopoly on hot dogs sold at Elm & Main St". That's not the monopoly anyone cares about. What matters is whether it's difficult to bring online the alternatives to employing my labor or buying a hot dog in that vicinity. In that respect, Google's monopoly on search is not the worrisome kind of thing we associate with monopolies.

Re: Three European Countries Block Tax on Tech Giants

#219
post #205
post #144

Earlier quoted context omitted.

You totally underestimate the governement ability to understand things.

They have a background, a history. They’ve spent the last 40 years adding layer upon layer of tax and subvention mechanism to try to regulate the economy while solving zero fundamental issues ( unemployment, industry, global private sector attractivness, education and recently even healthcare). The only thing they’ve managed to do is to increase the cost of the public sector. So yes, indeed i don’t have any kind of t…

Are you aware that "the government" changes every ~5 years and the majority of recent French Presidents and their parliaments have been on different political spectrums? There is no "they". So what Sarkozy's government was doing was radically different than what Hollande tried to do in the first part of his mandate (he rolled back quickly when he saw it's not making anything better), and it's also different than what Macron is doing. At least the last one is actively trying to improve on tons of things, including what you're bitching about - regulations.

Re: Three European Countries Block Tax on Tech Giants

#220

Earlier quoted context omitted.

I support it too. Big corporations pay almost no taxes in our country; instead it is individual and small and medium entreprises that are heavily taxed. This makes it very hard to start and run a business in the long term.

They pay VAT for sells in your country. It doesn't matter if it's consumer or a company paying the tax, the amount is added to the price. If you want them tax then increase that. Why do you feel entitled to profits of the company that isn't based in your country? It's like thinking the company should pay 5m in tax in Ireland based on sells in France while being ok with them deducting expenses from unrelated business…

Wow, you really don't know what you're talking about... Stop reading Ayn Rand, it won't help.
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