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