Re:European Union plans to tax tech giants on local revenue
by tluyben2 on Monday March 05, 2018 @04:08PM
(#16524411)
> Taxing on revenue rather than profit feels wrong
This is for companies that make money in the EU but don't pay taxes here. If Apple decides to pay taxes here like we all do then they will get taxed on profits. Revenues is just far simpler to calculate if you know/assume 'tax optimization'.
This is for companies that make money in the EU but don't pay taxes here. If Apple decides to pay taxes here like we all do then they will get taxed on profits. Revenues is just far simpler to calculate if you know/assume 'tax optimization'.