Re:EU adopts global minimum 15% tax on big business
by moonchrome on Friday December 16, 2022 @04:00PM
(#34020288)
That's not a good analogy - VAT is simply added to base price at the time of purchase. Profits are entirely different - how would you account expenses for example. Not to mention various tax benefits that differ from country to county.
Re:EU adopts global minimum 15% tax on big business
by ratg13 on Friday December 16, 2022 @04:05PM
(#34020368)
If you sell concert tickets, would this mean that you need to book the profits in the respective countries of anyone anywhere in the world?
Re:EU adopts global minimum 15% tax on big business
by Xylakant on Friday December 16, 2022 @04:23PM
(#34020618)
In case of services it’s in the country where the service is provided - thus in the location of the concert. Now, online streaming again is provided is provided in the location of the viewer, that’s a bit of a mess (used to be involved in running conferences, same thing there)
Re:EU adopts global minimum 15% tax on big business
by chrisandchris on Saturday December 17, 2022 @11:31AM
(#34029240)
A concert ticket is not a digital good. The service is given to you at the concert itself, therefore the country in which the concert is, is the country where you will pay taxes.
A digital good is handed to me wherever I am when I purchase it, so I pay taxes in that jurisdiction.