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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 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.

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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?
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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...

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