Re:European Union plans to tax tech giants on local revenue
by tylersmith on Monday March 05, 2018 @09:28PM
(#16526424)
What does the amount of revenue matter if the profit is 0 or less? Just to discourage investment in the future? To punish people that attempt large projects that don't have a guaranteed profit?
Owing absolutely nothing in taxes despite billions in revenue also feels wrong.
This seems to be pretty clear retribution for what many believe is rampant abuse of tax law.