European Union plans to tax tech giants on local revenue

Re:European Union plans to tax tech giants on local revenue by ucaetano on Tuesday March 06, 2018 @01:24AM (#16527246)

That doesn't make any sense. If your product costs 100 to make in country a and you sell it for 100 in country b, you're not having any profits.

But if you want to ignore that and charge non-existing profits in your imaginary country, go ahead, you're dooming your imaginary country to failure for not understanding basic economics.

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Re:European Union plans to tax tech giants on local revenue by downunderman on Tuesday March 06, 2018 @02:44AM (#16527504)

Yes you are. Look I know you want to seen the big picture but that's not how it should work. If you spend money in country A that shouldn't give you the right to write of revenue in country B. From the perspective of country B you were profitable. If you want to write off revenue in country B then invest, pay taxes or don't do business there.

Countries don't need parasitic businesses like that. All they will do is undermine the economy and local competition.

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Re:European Union plans to tax tech giants on local revenue by ucaetano on Tuesday March 06, 2018 @10:48AM (#16529512)

Sorry, it doesn't make any sense at all from a global economics perspective. You seem to want completely isolated countries with no international trade.

There's no such things as parasitic businesses, "right of revenue" or anything like that.

You're not even wrong.

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