France Plans 5% Digital Tax as Governments Chase Internet Giants

Re:France Plans 5% Digital Tax as Governments Chase Internet... by icebraining on Sunday March 03, 2019 @02:05PM (#19296162)

That incentivizes the creation of vertically-integrated conglomerates over small companies, in order to reduce the number of transactions; is that what you want to foster?

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Re:France Plans 5% Digital Tax as Governments Chase Internet... by ttoinou on Sunday March 03, 2019 @03:20PM (#19296581)

You need to take into account all the simplification it would imply in tax collection / paperwork / regulations etc. The cost of our current ways of taxing wealth and profits is huge

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Re:France Plans 5% Digital Tax as Governments Chase Internet... by JimmyAustin on Sunday March 03, 2019 @10:49PM (#19298627)

In the US, the IRS collected $3.33 trillion in revenue in 2018, with a total budget of 11.5 billion (2017). Thats 0.3453%, or 35c per $100 of tax revenue. Fairly minor in the scheme of things.

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Re:France Plans 5% Digital Tax as Governments Chase Internet... by ttoinou on Monday March 04, 2019 @01:38AM (#19299258)

Monetary costs are a small subset of general costs (and the cheapest ones, easier to know and aggregate).

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Re:France Plans 5% Digital Tax as Governments Chase Internet... by jpadkins on Wednesday March 06, 2019 @12:00PM (#19320471)

that's only one side of the ledger (collection). Now calculate the costs to the taxpayers (people and corps).

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