News for hackers. Stuff that matters.

A comment on Airbus hit as new US tariffs come into force. Parent comment

Re:Airbus hit as new US tariffs come into force by rationalfaith on Tuesday January 12, 2021 @10:52AM (#25748474)
It's a sad state of affairs indeed. It is is annoying that tax companies will be taxed so aggressively.

There's a middle ground in a lot of things but it seems like Europe is becoming very antagonistic with aggressively taxing US tech companies.

[ Parent | on HN ]
Re:Airbus hit as new US tariffs come into force by realusername on Tuesday January 12, 2021 @11:00AM (#25748593)
US tech companies had about 10 years to properly pay their taxes, if anything, the US government should be happy it's happening so late.
[ Parent | on HN ]
Re:Airbus hit as new US tariffs come into force by ChuckNorris89 on Tuesday January 12, 2021 @10:55AM (#25748517)
The tax is a countermeasure for the loopholes tech companies use to avoid paying tax here.
[ Parent | on HN ]
Re:Airbus hit as new US tariffs come into force by amanaplanacanal on Tuesday January 12, 2021 @10:58AM (#25748560)
I suggest fixing the loopholes.
[ Parent | on HN ]
Re:Airbus hit as new US tariffs come into force by ChuckNorris89 on Tuesday January 12, 2021 @11:03AM (#25748653)
Easier said than done.

Either by intentional design or by lack of resources, both EU and US govs have a hard time winning this game of whack-a-mole when these megacorps have armies of top lawyers and consultants who's sole focus is finding legal ways to avoid paying taxes.

[ Parent | on HN ]
Re:Airbus hit as new US tariffs come into force by realusername on Tuesday January 12, 2021 @11:17AM (#25748892)
That's kind of what has been done, they have now a turnover tax, which is much harder to avoid.
[ Parent | on HN ]
Re:Airbus hit as new US tariffs come into force by naruvimama on Tuesday January 12, 2021 @12:53PM (#25750541)
The EU has to come to terms with it. The EU consists of small countries each of which have a long tradition of being the safe house of dictators, black/drug/war/bribe/stolen money, shell companies, tax havens.

None of them want to give up these privileges, until now that is. Now that these are starting to have an impact at home, they have just started cleaning up.

[ Parent | on HN ]