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posted by mrpg on Thursday March 22 2018, @03:20PM   Printer-friendly
from the plus-d'argent dept.

Technology giants face European 'digital tax' blow

Big technology firms face paying more tax under plans announced by the European Commission. It said companies with significant online revenues should pay a 3% tax on turnover for various online services, bringing in an estimated €5bn (£4.4bn). The proposal would affect firms such as Facebook and Google with global annual revenues above €750m and taxable EU revenue above €50m.

The move follows criticism that tech giants pay too little tax in Europe. EU economics affairs commissioner Pierre Moscovici said the "current legal vacuum is creating a serious shortfall in the public revenue of our member states". He stressed it was not a move against the US or "GAFA" - the acronym for Google, Apple, Facebook and Amazon. According to the Commission, top digital firms pay an average tax rate of just 9.5% in the EU - far less than the 23.3% paid by traditional companies.

Also at Reuters and WSJ.


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  • (Score: 0) by Anonymous Coward on Thursday March 22 2018, @07:33PM (5 children)

    by Anonymous Coward on Thursday March 22 2018, @07:33PM (#656810)

    So somehow it is an ad hominem attack when you said you never signed a contract? I was pointing out the fallacy of your statement by showing that yes you did sign by accepting the "social contract" for your benefit. But you can always deflect instead of answer the statements.

    Your argument is crap as you took the goods but never made payment in kind. That is why it is a social contract. Everyone gets benefits from certain pieces of the contract and in return they need to pay back in when it becomes their turn. I know my family didn't have their house catch on fire but I understand how having a fire department to stop the spread of fire from one house to another is for the common good. Same for your education and your use of the roads and infrastructure. My taxes pay and paid into that for the common good. Like some people are fond of saying, "Don't like it? Go find another country that doesn't have these things." Perhaps the African warlords could use some more citizens.

  • (Score: 1) by khallow on Thursday March 22 2018, @07:51PM (4 children)

    by khallow (3766) Subscriber Badge on Thursday March 22 2018, @07:51PM (#656828) Journal

    So somehow it is an ad hominem attack when you said you never signed a contract?

    Nope.

    I was pointing out the fallacy of your statement by showing that yes you did sign by accepting the "social contract" for your benefit.

    No, you didn't. You wrote:

    Somehow I wonder if you were educated in public schools (even private schools use public money is some ways) or grew up on the streets with no education.

    I think perhaps you belong to the IGM group (I Got Mine). People who took from this social contract but then when it became time for them to share their responsibilities say no. Somehow I doubt you didn't partake of the social contract to your benefit but don't want to pay the bill (taxes) for your part of the deal.

    Let's review the ways this is different:

    1. Unfounded claim I'm uneducated.
    2. Unfounded claim that I'm selfish ("I Got Mine").
    3. Unfounded claim that I took and didn't give back.
    4. And of course, makes the completely loony assertion that the value I partook of the "social contract" matches the bill I'm asked to pay.
    • (Score: 1, Insightful) by Anonymous Coward on Thursday March 22 2018, @08:20PM (3 children)

      by Anonymous Coward on Thursday March 22 2018, @08:20PM (#656837)

      So you are confused?

      You brought yourself into the discussion by saying you never signed a contract. (not an ad hominem if you are the subject of the discussion)

      1) I never said you were uneducated. Try reading it again. I was pointing out that "I suppose" as the only out for not feeling the contract applies to you.

      2) I said you belong to the IGM because you "got yours" and now don't want to continue your part of the social contract. Your push back against the social contract being the basis for this thinking.

      3) I never said you didn't give back. You said that the social contract is the government forcing you to do something you don't want to through taxes. Your push back meaning you don't want to contribute to continuing the common good.

      4) I never said you had to match it. I am saying that we all pay into the common good pot for things we need directly and things we don't need also. We all chip in to get a better result for the whole (not the parts).

      But if you would like to continue deflecting away from the question of why you think it is OK to get the benefit of the social contract without making the payments back into said social contract, I am all ears.

      • (Score: 1) by khallow on Thursday March 22 2018, @08:44PM (2 children)

        by khallow (3766) Subscriber Badge on Thursday March 22 2018, @08:44PM (#656852) Journal

        So you are confused?

        What is there to be confused about? No, I'm not confused.

        You brought yourself into the discussion by saying you never signed a contract.

        An argument is not merely getting the subject right.

        I never said you were uneducated. Try reading it again. I was pointing out that "I suppose" as the only out for not feeling the contract applies to you.

        Fine. You merely "wondered" (that is, heavily insinuated it). I see we're into semantics games. As to the second sentence, no one has in this entire discussion (65 comments as of the time of this post) used the phrase "I suppose" prior to your fake quote above.

        I said you belong to the IGM because you "got yours" and now don't want to continue your part of the social contract. Your push back against the social contract being the basis for this thinking.

        Yes, and I noted that was an unfounded claim. Your next claim is:

        I never said you didn't give back. You said that the social contract is the government forcing you to do something you don't want to through taxes. Your push back meaning you don't want to contribute to continuing the common good.

        Let's review:

        People who took from this social contract but then when it became time for them to share their responsibilities say no.

        Your words say otherwise. Moving on:

        I never said you had to match it. I am saying that we all pay into the common good pot for things we need directly and things we don't need also. We all chip in to get a better result for the whole (not the parts).

        No, you said:

        Somehow I doubt you didn't partake of the social contract to your benefit but don't want to pay the bill (taxes) for your part of the deal.

        While your backtracking is welcome (the original statement was deeply in error), it still leaves the weaselly outcome that chipping in a lot of money for things one finds abhorrent and destructive, like say, a $400 billion fighter jet or a several trillion dollar war, is somehow part of the common good.

        But if you would like to continue deflecting away from the question of why you think it is OK to get the benefit of the social contract without making the payments back into said social contract, I am all ears.

        What question? Let's look at the past few AC posts for such "questions":

        So you are confused?

        So somehow it is an ad hominem attack when you said you never signed a contract?

        So just a couple of leading questions, both which I answered BTW. This wasn't deflected because this wasn't asked.

        But let's suppose hypothetically that you were to ask a question like:

        Do I think it is OK to get benefits from society without compensating those providing those benefits appropriately to the value I think I receive from the benefits?

        And I would answer, no, I don't think it would be ok. But instead we have this primitive thinking that one provides something that's not very valuable nor given with regard for the interests or consent of other parties who hypothetically benefit, and then expects to be paid well for it!

        • (Score: 0) by Anonymous Coward on Thursday March 22 2018, @09:01PM (1 child)

          by Anonymous Coward on Thursday March 22 2018, @09:01PM (#656864)

          >>Do I think it is OK to get benefits from society without compensating those providing those benefits appropriately to the value I think I receive from the benefits?

          "And I would answer, no, I don't think it would be ok." (I will discuss the rest of the statement later)

          So then by that reasoning, Apple is in the wrong for using loopholes and special deals to get out of their responsibilities to the common good. This is not the values you have been espousing through this article's comments.
          If Apple is getting the benefits (trained employees, roads, etc) but not paying back in kind for them, this is not ok (by your own statement in the rebuttal).

          "But instead we have this primitive thinking that one provides something that's not very valuable nor given with regard for the interests or consent of other parties who hypothetically benefit, and then expects to be paid
          well for it!"
          I am not sure what you are saying here. I am not sure what this "something" provided and being paid for is in your statement. I am not sure how "primitive thinking" fits into this discussion. Who decides the value? The parents of the child being educated, or the single man with no children, or the society who wants to have productive citizens (ad infinitum)? What is hypothetical benefit of education of the children (just one example)? I don't know what you mean by expects to be paid well for it. Once again this whole part of the response is confusing.

          • (Score: 1) by khallow on Thursday March 22 2018, @09:54PM

            by khallow (3766) Subscriber Badge on Thursday March 22 2018, @09:54PM (#656888) Journal

            Do I think it is OK to get benefits from society without compensating those providing those benefits appropriately to the value I think I receive from the benefits?

            "And I would answer, no, I don't think it would be ok." (I will discuss the rest of the statement later) So then by that reasoning, Apple is in the wrong for using loopholes and special deals to get out of their responsibilities to the common good. This is not the values you have been espousing through this article's comments.

            Notice my phrase "appropriate to the value I think I receive". Why shouldn't Apple use those "loopholes and special deals" to get out of costs that aren't appropriate to the benefits they receive? The number one way I can tell people are bullshitting on this issue, is that they can't describe the value of "social contracts" or even what a social contract is supposed to be. They can't describe "responsibilities". They can't describe "common good". These are just trite, stock phrases they use to rationalize taking what they want. It's such an infantile way to view the world.

            If Apple is getting the benefits (trained employees, roads, etc) but not paying back in kind for them, this is not ok (by your own statement in the rebuttal).

            "IF". zocalo already noted [soylentnews.org], for example, that 60% of the UK's budget is for items that are irrelevant to Apple (having nothing to do with trained employees, roads, etc). In that light, 9.5% in taxes is 40% of 23.3% in taxes. Sounds to me like every business should be paying those lower taxes for the little they actually consume.

            The dirty secret here is that businesses don't use that much in the way of infrastructure or programs for what they do. Apple doesn't need a pension, health care, or welfare (which is 60% of the UK budget). Individual people do.

            I am not sure what you are saying here. I am not sure what this "something" provided and being paid for is in your statement. I am not sure how "primitive thinking" fits into this discussion. Who decides the value? The parents of the child being educated, or the single man with no children, or the society who wants to have productive citizens (ad infinitum)? What is hypothetical benefit of education of the children (just one example)? I don't know what you mean by expects to be paid well for it. Once again this whole part of the response is confusing.

            Every time you mangled one of my posts to make an ad hominem attack, that's primitive thinking. Every time you speak of Apple's responsibilities without even the slightest understanding of who is actually creating the costs nor presenting even the slightest reasoning in support of why Apple should have those responsibilities, you're engaging in primitive thinking. Or speaking of the cost of "trained employees, roads" while ignoring that there's at least an order of magnitude more public spending than that. Or why there are publicly funded benefits for people and businesses who can readily provide those benefits to themselves without inflicting the costs on the public - primitive thinking.