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Germany and France plan to introduce new tax on internet giants
TheLocal.de ^ | 28 August 2017 09:00 CEST+02:00 | AFP

Posted on 08/30/2017 4:15:01 PM PDT by Olog-hai

France and Germany plan to issue a new proposal to tax internet giants so that they pay a “fair contribution” in every country where they earn money, French finance minister Bruno Le Maire said on Sunday.

“We will unveil a new plan along with our German partners at the next finance ministers’ meeting in Tallinn in mid-September” for taxing technology giants including Google, Apple, Facebook and Amazon, Le Maire said in a Facebook Live chat. “We propose taking the revenues of these large companies as a reference point, and use this to determine a tax level so that these companies pay what they should to the treasuries of every country where they make money,” he said.

He acknowledged, however, that similar proposals had already been made at an EU level as well as for the OECD group of developed economies, without success. “For now, these talks have stalled,” Le Maire said. …

(Excerpt) Read more at thelocal.de ...


TOPICS: Business/Economy; Computers/Internet; Local News; Society
KEYWORDS: amazon; apple; eussr; facebook; france; germany; google; taxtheworld; tradewar

1 posted on 08/30/2017 4:15:02 PM PDT by Olog-hai
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To: Olog-hai

So what would be the punishment for not paying Cesar’s new tax?

They will shut down Google, YT and FB?

This is serious popcorn city for us — if the companies say “nyet” then their fascist credentials are up for grabs.

This will be fun to watch. Doesn’t affect any of us one whit.


2 posted on 08/30/2017 4:19:56 PM PDT by freedumb2003 (The UK has no death penalty, unless you are an 11 month old infant with no arrest history)
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To: Olog-hai

Estonia makes a big deal about being cutting edge in internet issues. So for the western EU to propose taxing the internet in Estonia is hilarious.


3 posted on 08/30/2017 4:25:14 PM PDT by lodi90
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To: Olog-hai

Good, let the good leftists at those companies feel the bite of the socialism they promote.


4 posted on 08/30/2017 4:29:20 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
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To: Olog-hai

Google, Apple, Facebook and Amazon. Socialists taxing socialists. Feed the utopians. The collectivist giants should be happy to pay more.


5 posted on 08/30/2017 4:51:43 PM PDT by PGalt
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To: Olog-hai

Well, all those companies love Northern European Socialism, so they’ll pay the tax gleefully.


6 posted on 08/30/2017 4:51:47 PM PDT by JPJones (Who is FOR tariffs? George Washington, Ronald Reagan and Me.)
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To: Olog-hai

Euros suck. So do the Internet giants. Gues I’ll just get popcorn


7 posted on 08/30/2017 5:16:37 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Olog-hai
and they will pass that expense right along to the users like all taxes are
8 posted on 08/30/2017 5:33:51 PM PDT by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: Olog-hai

That’s a shame...


9 posted on 08/30/2017 5:34:23 PM PDT by VanDeKoik
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To: Olog-hai

What do you think they would do if the US decided to tax Siemens, Mercedes-Benz, Volkswagen, etc. at the corporate level based upon revenues for sales in the US?


10 posted on 08/30/2017 5:54:02 PM PDT by RetiredTexasVet (Start using cash and checks or the elite class and bankers will make "cashless" the norm.)
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To: PGalt

Well they were promised a unicorn! Lord help us and we have work to do. It’s gonna filter down here.

Spent a bunch of summers in Deutschland, they’re bizarre. Good people but just a bit weird.


11 posted on 08/30/2017 7:01:29 PM PDT by lizma2
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To: Olog-hai

The internet will get more expensive for consumers.

Sounds like bad luck.


12 posted on 08/30/2017 7:12:08 PM PDT by SaxxonWoods (CNN IS ISIS.)
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