Amazon and Starbucks pay less tax than sausage stall, says Austria

Re:Amazon and Starbucks pay less tax than sausage stall, say... by kartan on Saturday September 03, 2016 @10:32AM (#12419332)

That will mean that the money Facebook makes around the world is just taxed at whatever country Mark Zuckerberg lives. It doesn't look like it can work in such a globalized world.

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Re:Amazon and Starbucks pay less tax than sausage stall, say... by grahamburger on Saturday September 03, 2016 @11:14AM (#12419482)

Well, not really ... Also any country with Facebook employees, or with Facebook investors, or with companies deriving value from Facebook's platform.

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Re:Amazon and Starbucks pay less tax than sausage stall, say... by kuschku on Saturday September 03, 2016 @01:26PM (#12420061)

Which might all end up being in the US.

Meaning Austrian people pay money to a US corporation, the money is lost from the Austrian circulation, and won’t be taxable either.

That issue – of global profits all being moved into the US or taxhavens – has happened for many years now, and is severely hurting the economies of many countries.

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