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Re:US launches inquiry into French plan to tax tech giants by hef19898 on Friday July 12, 2019 @05:34AM (#20419425)
I'm always amused about myself regarding my stance on these things. On the one hand I am totally supporting the closure of these loop holes because they are unfair and put ultimately an exaggerated tax load on the working population. Not a goid thing when we are still stuck with a system that provides less work for people due to automation but still relies on taxing work and salaries. On the other hand I cannot blame companies profiting from them. And it is not just tech giants, every major European corp. is dojng the exact same thing. And if, as an example, grocery chains are not following Amazon's model of just providing services to a selling entity based in a third country I consider that to be their fault. To be honest I have a plan to use Estonia and the Netherlands in something similar if it comes to fruition. Would I fight to keep the loop holes open? No, because I prefer a level playing field. Would I refuse to profit from them as long as they are there in a legal way? Absolutely not, why would I give up an advantage, a legal one non the less, if I don't have to.

And I think the impact isn't even that big for the "abusers". I have the impression that this kind of company is so optimized and thinking in a way that once the tax advantage goes they will still be much more competitive than companies currently not profiting from said loop holes.

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