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EU Plans to Tax Internet Sales

Posted by ryuzaki0 on from the daddy-what's-a-spoils-system dept.

Arctic Fox writes: "In a bid to help European online sales, the EU is planning to tax online transactions. The article on Yahoo, says that the taxes will apply only to products downloaded from the internet, such as software,videos and music. They may elect to tax physical items (books, hardware,etc) at a later date. American companies will be forced to charge European customers the appropriate VAT in their home country. No details on how this will be enforced."

2 of 358 comments (clear)

  1. Tax all ya want... by Dredd13 · · Score: 5, Funny
    .USians will simply point at Yahoo! Inc. v France, and point out that the US has already granted declaratory relief that US companies don't have to obey silly-ass foreign laws.

    I strongly suspect "being forced to act as a tax-collector on behalf of a foreign country" would fall in the same boat. Heck, given the state of .US tax law, it wouldn't surprise me if it was considered seditious behavior. ;-)

    D

  2. What?! by alexburke · · Score: 3, Funny

    In a bid to help European online sales, the EU is planning to tax online transactions.

    In other news, in a bid to help women feel safer while walking alone at night, the government is planning to legalize rape.

    WTF?!