Re:European Union plans to tax tech giants on local revenue
by distances on Monday March 05, 2018 @05:03PM
(#16524894)
My thoughts as well. It could make a lot of sense to block mergers more aggressively, and perhaps even implement progressive company taxation to lessen the competitive advantage of massive corporations. I suppose this would reduce overall economical efficiency though is thus hard to imagine actually happening.
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Re:European Union plans to tax tech giants on local revenue
by xxs on Monday March 05, 2018 @05:42PM
(#16525247)
>progressive company taxation
Currently companies manage to pay close to 0% (see Apple) tax rate. Progressive tax won't be enforceable with any creative accounting. Progressive tax works only as income tax (pretty much) as it is virtually impossible to hide and the 'creative accounting' at lower amounts is not cost effective.