News for hackers. Stuff that matters.

A comment on YouTube tells foreign creators they will soon be charged American tax. Parent comment

Re:YouTube tells foreign creators they will soon be charged ... by bilbo0s on Wednesday March 10, 2021 @10:29AM (#26412241)
I thought that was a strange phrasing as well?

Since when is YouTube more powerful than national governments? People seem to be under some confusion as to how business works. The governments tell YouTube what YouTube has to do to operate in their jurisdiction, and YouTube either does it, or leaves that jurisdiction.

If Togo made the demand, you can leave. If the US or Germany make the demand, you say, "Right away sirs", and you start collecting their taxes.

[ Parent | on HN ]
Re:YouTube tells foreign creators they will soon be charged ... by Isinlor on Wednesday March 10, 2021 @10:36AM (#26412309)
Then I guess EU should do the same.

Americans on YouTube should pay taxes in EU on EU ad views or YouTube should leave EU.

But I think in practice EU is thinking more in direction of simply taxing global profits of tech giants.

[ Parent | on HN ]
Re:YouTube tells foreign creators they will soon be charged ... by systemvoltage on Wednesday March 10, 2021 @11:10AM (#26412714)
Tax global income of a company not based in EU for doing business in the EU? Is that what you mean?
[ Parent | on HN ]
Re:YouTube tells foreign creators they will soon be charged ... by Isinlor on Wednesday March 10, 2021 @11:17AM (#26412808)
Yes, EU seems to be looking to establish rules to determine how much profit a company generated in the EU and tax that [0].

> The new rules will also change how profits are allocated to Member States in a way which better reflects how companies can create value online: for example, depending on where the user is based at the time of consumption.

Seems like currently EU is in the process of public consultations on a new digital taxation [1].

I'm not sure how the details changed since the proposal, or where they will go. But EU is certainly moving on it.

[0] https://ec.europa.eu/taxation_customs/business/company-tax/f...

[1] https://ec.europa.eu/info/law/better-regulation/have-your-sa...

[ Parent | on HN ]