US blocks crackdown on tax avoidance by net firms like Google and Amazon
1–10 of 90 posts
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#2Let's see how this pans out. Maybe this time the UK will not play for the US team, given the outrage there about this issue, but I'm afraid that without a common EU position about this the US will be able to use their usual divide et impera tactics.
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#3So, let me see if I understand this: the US is going to bat for the big software companies who don't want to pay taxes in other countries, and yet I, an expat American, am expected to file an income tax return with the IRS every single year for my foreign earnings, which may be subject to dual-taxation if I make "too much."
What a crock of shit.
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#4So, let me see if I understand this: the US is going to bat for the big software companies who don't want to pay taxes in other countries, and yet I, an expat American, am expected to file an income tax return with the IRS every single year for my foreign earnings, which may be subject to dual-taxation if I make "too much." What a crock of shit.
Well I agree with you that the foreign earnings things completely crazy. Using one bad policy to argue against a good one is just as bad. This is a good move on the part of the US, what we also need is the ability to move corporate profit from foreign subsidiaries back into the US without facing tax.
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#5Wow. How low can you go? How corrupt can you get?
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#6It talks about France. France is a machine of expending money right now, better said, of wasting money.
I am living in France this Summer, a very rich and beautiful country with a hole in the pocket. French people love to life well, and someone else to pay the bills, the Germans, the rich, whoever but not them.
Mr Hollande only want to do one thing, to raise taxes. But there is never enough money when you don't expend wisely.
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#7So, let me see if I understand this: the US is going to bat for the big software companies who don't want to pay taxes in other countries, and yet I, an expat American, am expected to file an income tax return with the IRS every single year for my foreign earnings, which may be subject to dual-taxation if I make "too much." What a crock of shit.
Well I agree with you that the foreign earnings things completely crazy. Using one bad policy to argue against a good one is just as bad. This is a good move on the part of the US, what we also need is the ability to move corporate profit from foreign subsidiaries back into the US without facing tax.
The moment you're trading in another country you must honor their laws and taxes. If the costs become too high and the margins too low you can always leave, or skip said country in the first place.
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#8If you make a certain amount of money in a certain country, then you should pay that country's taxes. Pretty simple concept, no?
This whole "let's reroute all our profits from all the countries into this country where the taxes are close to zero" is utter BS. If you don't like its taxes, don't do business in that country. Simple. If the government thinks they're losing businesses with high taxes, then maybe they will lower them - or maybe not. It's their and their citizens' prerogative.
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#9I'm not sure why people are particularly surprised by this. Most of the large international companies that make most out of tax avoidance have large US bases. While the US economy does lose some to the schemes they use (like all the cash Apple has sat outside the US, to give a commonly quoted example) it loses less than the competing economies overall so agreeing to crack down on tax avoidance could result in a net loss. Even if it didn't, those companies can also afford to buy the best lobbyists in town who in turn can buy the relevant number of votes to threaten politicians who don't toe the line.
Re: US blocks crackdown on tax avoidance by net firms like Google and Amazon
#10It talks about France. France is a machine of expending money right now, better said, of wasting money. I am living in France this Summer, a very rich and beautiful country with a hole in the pocket. French people love to life well, and someone else to pay the bills, the Germans, the rich, whoever but not them. Mr Hollande only want to do one thing, to raise taxes. But there is never enough money when you don't expen…
You should go back to where ever you come from or wherever it is better for you to live.
Sarkozy ruined France so yes now everbody needs to pay for it.
And the problem is not taxes,i'm happy to pay taxes. The problem is people like French liberals ( liberals are "right-wing" in France ) that gives hand outs to their friends or vote laws without financing their them , and then all they have left is blaming the poor,the homeless,the public workers,the artists or the muslims for France demise...
> French people love to life well, and someone else to pay the bills,
Whatever. Or maybe you prefer US way of life, where it is me/myself/I and there is next to 0 solidarity.