Re:European Union plans to tax tech giants on local revenue
by ucaetano on Monday March 05, 2018 @04:44PM
(#16524744)
Sure, but it is up to the countries to get together and change them. If companies are paying fewer taxes by following the law, don't blame it on companies, they are doing exactly what they are supposed to do.
I am completely in favor of designing new tax laws that close such loopholes. But taxing revenue in this way is a very, very dumb idea.
If we decide that the double duct/Irish sandwich/etc are loopholes that are being explored and we'd like them closed, then it's entirely valid to do so.
Money made in the past does not mean that your are entitled or guaranteed to make money in the future.