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Netflix Europe offices raided in tax fraud probe

bbc.co.uk

41–50 of 366 posts

Re: Netflix Europe offices raided in tax fraud probe

#41

Earlier quoted context omitted.

If a government says do X and I will cut your takes by Y then is doing X immoral?

It depends on what X is. If X is "install solar panels" or "provide affordable housing" or "reduce greenhouse gas emissions" then X is very likely moral. If X is "lie to us about where your revenue came from" then X is very much immoral.

no government says "lie to us about where your revenue came from and we will cut your taxes"

Re: Netflix Europe offices raided in tax fraud probe

#42
post #19
post #4

The meat: > Last year, French media outlet La Lettre reported that until 2021, Netflix in France minimised its tax payments by declaring its turnover generated in France to the Netherlands. > investigators are trying to determine whether Netflix continued to attempt to minimise its profits after 2021. Wasn't Uber or some other US company found doing something similar? First they were found to be in violation of some…

> Wasn't Uber or some other US company found doing something similar? Airbnb, they had to pay like 70k of tax a few years ago. There are employees who pay as much tax as single filers lol They paid 18% less tax in 2016 than in 2013 while the number of flats available on the site went from 30k to 300k https://www.lesechos.fr/2016/08/airbnb-na-paye-que-69168-eur...

All spending should be taxed instead of income. Income is too easy to move and hide. Spending tax could be unified framework encompassing all financial activity. If you purchase anything, labor, imports, energy, stock, politicians, you should be taxed.

Spending is the moment when the money shows its ugly head and does harm.

Re: Netflix Europe offices raided in tax fraud probe

#43
post #19
post #4

The meat: > Last year, French media outlet La Lettre reported that until 2021, Netflix in France minimised its tax payments by declaring its turnover generated in France to the Netherlands. > investigators are trying to determine whether Netflix continued to attempt to minimise its profits after 2021. Wasn't Uber or some other US company found doing something similar? First they were found to be in violation of some…

> Wasn't Uber or some other US company found doing something similar? Airbnb, they had to pay like 70k of tax a few years ago. There are employees who pay as much tax as single filers lol They paid 18% less tax in 2016 than in 2013 while the number of flats available on the site went from 30k to 300k https://www.lesechos.fr/2016/08/airbnb-na-paye-que-69168-eur...

> They paid 18% less tax in 2016 than in 2013 while the number of flats available on the site went from 30k to 300k

Completely meaningless without also saying what their costs and investments were.

Re: Netflix Europe offices raided in tax fraud probe

#44
post #4

The meat: > Last year, French media outlet La Lettre reported that until 2021, Netflix in France minimised its tax payments by declaring its turnover generated in France to the Netherlands. > investigators are trying to determine whether Netflix continued to attempt to minimise its profits after 2021. Wasn't Uber or some other US company found doing something similar? First they were found to be in violation of some…

Given Wirecard I wouldn’t assume the EU equally prosecutes or tracks crimes for EU and non-EU companies.

Isn't the Wirecard case still pending with execs in jail waiting for trial?

Re: Netflix Europe offices raided in tax fraud probe

#45
post #19

Earlier quoted context omitted.

> Wasn't Uber or some other US company found doing something similar? Airbnb, they had to pay like 70k of tax a few years ago. There are employees who pay as much tax as single filers lol They paid 18% less tax in 2016 than in 2013 while the number of flats available on the site went from 30k to 300k https://www.lesechos.fr/2016/08/airbnb-na-paye-que-69168-eur...

All spending should be taxed instead of income. Income is too easy to move and hide. Spending tax could be unified framework encompassing all financial activity. If you purchase anything, labor, imports, energy, stock, politicians, you should be taxed. Spending is the moment when the money shows its ugly head and does harm.

Revenue tax? We had that before the fall of the wall - not again please. The VAT system works well and should be used more.

Re: Netflix Europe offices raided in tax fraud probe

#47
post #4

The meat: > Last year, French media outlet La Lettre reported that until 2021, Netflix in France minimised its tax payments by declaring its turnover generated in France to the Netherlands. > investigators are trying to determine whether Netflix continued to attempt to minimise its profits after 2021. Wasn't Uber or some other US company found doing something similar? First they were found to be in violation of some…

[deleted]

Re: Netflix Europe offices raided in tax fraud probe

#49
post #4

The meat: > Last year, French media outlet La Lettre reported that until 2021, Netflix in France minimised its tax payments by declaring its turnover generated in France to the Netherlands. > investigators are trying to determine whether Netflix continued to attempt to minimise its profits after 2021. Wasn't Uber or some other US company found doing something similar? First they were found to be in violation of some…

That's rich coming from French. Long time ago France Telecom bought Polish top phone network. Immediately rebranded it to Orange (despite the fact that the company had one of the strongest brands on market where it operated). Unsurprisingly the licensing fees for using Orange brand that the Polish company had to pay to France Telecom amounted to large percentage of taxable profits that the Polish company had. Overt t…

Nation state acts in its own interest, news at 11

No but seriously, this doesn't sound surprising? Why should France be against a French company buying up other companies and bringing revenue back to France

Re: Netflix Europe offices raided in tax fraud probe

#50

Earlier quoted context omitted.

All spending should be taxed instead of income. Income is too easy to move and hide. Spending tax could be unified framework encompassing all financial activity. If you purchase anything, labor, imports, energy, stock, politicians, you should be taxed. Spending is the moment when the money shows its ugly head and does harm.

Revenue tax? We had that before the fall of the wall - not again please. The VAT system works well and should be used more.

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.
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