European Union plans to tax tech giants on local revenue

Re:European Union plans to tax tech giants on local revenue by taoistextremist on Monday March 05, 2018 @04:02PM (#16524360)

The EU is originally an economic union with aspirations for political unity. Taxes is actually really appropriate for it to be involved in if you consider why it was formed in the first place.

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Re:European Union plans to tax tech giants on local revenue by distances on Monday March 05, 2018 @04:24PM (#16524555)

That will never fly though. The citizens have massive mistrust of ending up paying for the spending of other countries.

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Re:European Union plans to tax tech giants on local revenue by jopsen on Monday March 05, 2018 @04:44PM (#16524751)

Citizens don't know about corporate taxes, so that might fly :)

Especially, since it would probably be handled by local tax authorities. So this would only be agreeing on what the corporate tax rate should be.

Most citizens (me included) don't know what corporate taxes are... or what the rate is :)

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Re:European Union plans to tax tech giants on local revenue by wongarsu on Monday March 05, 2018 @04:39PM (#16524702)

They already do that. The EU has a decently sized budget for developing underdeveloped regions and infrastructure in general.

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