It seems like tricks defining revenue will help with this.
It seems to me that the way to implement these types of taxes basically have to amount to “tax anything that uses euros from a French citizen.” And use some features from crypto to use as the source of truth for spending.
Otherwise it seems possible to not collect revenue in French countries and just have people buy stuff out of France that targets people in France.
Sales tax is hard to evade like Google has done in income tax by using Ireland and the Bahamas. As long as it is uniform and low enough not to disrupt commerce it could be beneficial.
Taxes are always passed on to consumers, because you cannot not pay it - it has to be paid either in the form of higher prices or a smaller amount of goods or services for the same price.
What this (yet another) tax does is increases the cost of doing business, so online giants will use a mix of approaches to not pay for it. Show more ads, charge more for ads (which in turn means more expensive, or lower quality products and services that advertisers sell), cut down or terminate free platform services, and so on and so forth.
who benefits? State apparatus and local competitors.
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[ 4.4 ms ] story [ 23.4 ms ] threadIt seems to me that the way to implement these types of taxes basically have to amount to “tax anything that uses euros from a French citizen.” And use some features from crypto to use as the source of truth for spending.
Otherwise it seems possible to not collect revenue in French countries and just have people buy stuff out of France that targets people in France.
Take 3% of the 30% the gatekeepers earns if you want, but don't touch my 70%: I'm not earning 750 millions per year.
What this (yet another) tax does is increases the cost of doing business, so online giants will use a mix of approaches to not pay for it. Show more ads, charge more for ads (which in turn means more expensive, or lower quality products and services that advertisers sell), cut down or terminate free platform services, and so on and so forth.
who benefits? State apparatus and local competitors.