European Union plans to tax tech giants on local revenue

Re:European Union plans to tax tech giants on local revenue by JoshTriplett on Monday March 05, 2018 @04:19PM (#16524504)

And in that case, both the company and the employee pay substantial income taxes.

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Re:European Union plans to tax tech giants on local revenue by neumann on Monday March 05, 2018 @04:25PM (#16524567)

Did you read the article? The whole point is that the companies do not pay the income tax by routing revenue through other countries offering tax cuts

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Re:European Union plans to tax tech giants on local revenue by JoshTriplett on Monday March 05, 2018 @04:43PM (#16524736)

I read the article; it says nothing about income tax. It talks about corporate tax, which gets into the reasonably debatable issue of "if you serve from country X and users are in country Y..." If you have no legal nexus in a country, it's a lot more reasonable to pay no tax in that country.

If you have employees in a country, then you necessarily will pay income tax in that country.

(Also, https://news.ycombinator.com/newsguidelines.html .)

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Re:European Union plans to tax tech giants on local revenue by mulmen on Monday March 05, 2018 @04:29PM (#16524613)

I thought the point of the new tax was that Google pays next to no tax in Europe. Can you explain the current income taxes Google pays now?

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