France Considers Raising Taxes on Internet Giants (reuters.com)
France's Finance Minister has drafted a new law to tax internet giants, reports Reuters:
A three percent tax on the French revenue of large internet companies could yield 500 million euros [$568 million U.S. dollars or £429 million] per year, French Finance Minister Bruno Le Maire said on Sunday. Le Maire told Le Parisien newspaper the tax is aimed at companies with worldwide digital revenue of at least 750 million and French revenue of more than 25 million euros.
He said the tax would target some 30 companies, mostly American, but also Chinese, German, Spanish and British, as well as one French firm and several firms with French origins that have been bought by foreign companies. The paper listed Google, Amazon, Facebook and Apple (the four so-called "GAFA" companies) but also Uber, Airbnb, Booking and French online advertising specialist Criteo as targets. "A taxation system for the 21st century has to built on what has value today, and that is data," Le Maire said. He added it is also a matter of fiscal justice, as the digital giants pay some 14 percentage points less tax than European small-and-medium sized companies.
The draft law will be presented to the cabinet on Wednesday, and then presented to France's parliament, Reuters reports.
"The tax would also target the sales of personal data for advertising purposes."
He said the tax would target some 30 companies, mostly American, but also Chinese, German, Spanish and British, as well as one French firm and several firms with French origins that have been bought by foreign companies. The paper listed Google, Amazon, Facebook and Apple (the four so-called "GAFA" companies) but also Uber, Airbnb, Booking and French online advertising specialist Criteo as targets. "A taxation system for the 21st century has to built on what has value today, and that is data," Le Maire said. He added it is also a matter of fiscal justice, as the digital giants pay some 14 percentage points less tax than European small-and-medium sized companies.
The draft law will be presented to the cabinet on Wednesday, and then presented to France's parliament, Reuters reports.
"The tax would also target the sales of personal data for advertising purposes."
"He added it is also a matter of fiscal justice, as the digital giants pay some 14 percentage points less tax than European small-and-medium sized companies."
We do not want to become like the EU. Mr. President, you have the nation's support.
I'm sure they won't just add that 3 % back to the costs of their services in France, nope that money will just magically appear.
Everything above is my opinion....YMMV
Giving a government more money is like giving booze to an alcoholic.
Only the State obtains its revenue by coercion. - Murray Rothbard
better stop using English which was invented by the English.
English is derived from high German and Norman French.
Middle English is from the 11th to 16th century. The copyright is expired you dipshit.
The French have fast trains. The US does not.
The French have access to health insurance regardless of means -- if you lose your job and get sick, you won't end up deep in medical debt.
French universities are covered by the government, no need to save $200,000 in school funds starting when your kid is born.
What does the US have? Endless war, mass incarceration -- the money is used to do violence instead of helping fellow Americans.
Modern English is more French than old English, moron.
Sounds like a splendid idea! Let France lead the way by laying a _heavy_ tax on data hoarders. The more data they hoard, and the more rapey their data collection scams, the higher their taxes!
Norman French is not modern French. Dipshit.
Lick my nutsack. I never made that claim. I also never made the claim that middle English does not exist. English. DO YOU SPEAK IT? Say what one more time. I DARE you.
Not earning enough from the massive penalties (5-10x what Europe fines European companies, when they do go after them) that Europe charges the Internet Giants.
The real problem is that we are not taxing the Sales over the internet properly, combined with nations (such as Ireland) that does not charge corporate taxes. To be fair, I would rather that America moves to 0% tax if the company is here (and is doing the bulk of the work here), otherwise a simple 25% tax on them.
It is long past time for the west to worth together and come up with an honest and fair solution to all of this. A VAT or Sales tax is fine on internet sales, but ideally, we make them universal across the west.
I prefer the "u" in honour as it seems to be missing these days.
The French trains are OK, I've used them a few times - they are not dramatically fast compared to most other countries though, and because of the very real threat of strikes I would be leery of relying on them too much for crucial connections. It worked out fine when we took them to a few destinations outside of Paris.
The Chunnel train to London is probably more of an exception though in terms of being more reliable, I'm not sure that is as affected by strikes since it's more crucial.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
France defaults to extra big taxation.
Invest in France and enjoy that extra big tax.
Who in France is getting all the new tax spending?
Domestic spying is now "Benign Information Gathering"
I am sorry to say this, but France is a champion of tax burden. Those gilets jaunes are a symptom this failure. I'll blame this lack of income on the rigid job creation/destruction over-regulation.
ID: the nose did not occur naturally, how would we wear glasses otherwise? (apologies to Voltaire)
better stop using English which was invented by the English.
But mostly spoken by Indians. There are more people in India who speak English than the rest of the primary English speakers, worldwide, combined..
Is this a new purview of the French government, to dispense fiscal justice? I assume there will be no juries or trials, making the French fiscal justice system a dictatorship?
Every country on the planet creates their own tax laws, with their own arbitrary rules. Any company that chooses to operate in a country is obliged to follow those laws, for better or worse. If they don't like it, they are free to leave or stop doing business altogether. That's literally how it has always been, everywhere. This is nothing new.
"Fiscal justice" as a goal is new. Probably related to "social justice".
The fuck it is, you dumb fat cunt.
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
Sure on my weekly trip to our HQ to Paris from Bordeaux (around 580km road distance), It takes 2 hours to get me at the center of Paris. "not dramatically fast compared to most other countries " you said ? Sure, let's see : Going from NYC to Pittsburgh that is around the same road distance of a Bordeaux-Paris, it will take you around 9 hours by train. Enjoy ! London to Glasgow, it's about 4 hours by train for around the same distance... Even with countries with fast trains you still get a major difference, Milano to Roma (573km) you will need around 3 hours ! 50% more .... sorry but I don't know in which planet (oops, country) you live in. If you wanted to bash TGV you could have gone for the comfort or the lack of connectivity on some east lines. But for the speed, the reliability or the price, no serriously get a clue.
Same thing about strike, lately train had more to suffer from impact of update of rail switches to full automatic that caused multiple black out at major paris station thant from any strikes. When there are major strikes, you know why trains are still ok in France ? Because, people will take the train to go to paris to have a huge demonstration ;-)
Nice French bashing and cliché combo attempt ;-)
If Disney uses English in its movies, you can bet the copyright has been extended.
s/who speak/who think they speak/
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
Riddle me this... the places in the US that pride themselves on "light regulations" also tend to have the highest incarceration rates. Whereas incarceration rates in Europe tend to be 1/3 to 1/4 of the US average with similar or lower violent crime rates. If the US puts so many people in prison (proportional to population), is it really so lightly regulated?
The difference is that Europe is somewhat more economically regulated than the US, but those regulations generally affect larger corporations, not the average citizen. The US is home of Draconian social regulations that put people in prison, ruin their lives with arrest records, etc and so forth.
Good old America always defending the wealth of the rich who well avoid helping everyone by paying tax.
In all fairness, this should have nothing to do with the Internet giants. Given the massive degree of internationalization today, *all* companies should be taxed where they generate their revenue, rather than allowing stupid games with tax havens.
That said, what France is doing is borderline corrupt: targetting specific companies that (they think) represent untapped sources of sweet, sweet tax money. France is basically broke, attempts to further tax the populace led to the yellow-vests, and cutting bureaucracy or public services is politically impossible. They need more bread and circuses to stave off the collapse...
Enjoy life! This is not a dress rehearsal.
I saw a poster named APK kick the living crap out of all slashdot assholes https://it.slashdot.org/commen...
The key word is not "3%" nor is it "Internet giants" - the key word is revenue.
This is what should've happened a decade ago. Taxing revenue instead of profits puts a clean shot right between the eyes of the majority of tax evasion schemes. It's a step long overdue.
And before the typical neo-conservative trolls shout it down: Remember that everyone BUT corporations is taxed by revenue, not profits. My income tax is based on my income, not on what's left at the end of the month. And so is yours. If we can survive that type of taxation, so can multinational corporations.
Assorted stuff I do sometimes: Lemuria.org
I saw a poster named APK kick the living crap out of all you slashdot assholes today https://it.slashdot.org/commen...
We're coming after everyone who didn't vote for Hitlary as mandated. Mueller will investigate you forever, or until something sticks, whichever comes first. And don't even think about mentioning Mueller's involvement in the Uranium 1 deal because fake news won't report it. Fake news won't even report the scientific facts of 9-11 (ae911truth dot org) hahaha
That's not so bad. What IS bad? APK 100 vs. /. score of -100 after I saw him make all /. STFU after this https://it.slashdot.org/commen...
Dear Government,
we all know that the big IT companies do not pay taxes in the EU, as some countries (e.g., Ireland, the Netherlands, Germany) do not really try to tax them, look the other way when they avoid taxes etc. I know that Germany is afraid someone (the US) could start taxing German cars, but:
(a) the car industry is only 4.5% of Germans GDP.
(b) they are ignoring modern trends for decades now, they had it coming and they need to change. The US taxing them could actually help.
(c) we can easily make up by taxes from these companies.
(d) it support diversity in the market. This is important to have a real market economy and not a capitalistic nightmare with monopolies.
(e) this Trump person will blackmail you with the car industry anyway and as the German public is not interested in paying more for the defense budget, especially since this part of the government is run so badly, the Trump will tax that industry sooner rather than later.
So please come to your senses and tax these Internet companies.
Thank you!
Oooh, look the fat useless incel cuck is talking about himself in third person now, poor deluded little nut job, never won anything in his life. Sad.
One can say the same thing about the US.
Those Giants did not
- pay for the talent train those developers, etc
- pay for basic schooling
- build the road, lay the water, electric, gas grid
- pay for the vaccines that reduce infections
- pay for all sort of basic research that make things happens
That's just plain wrong. There are approximately 125m people in India who speak English. There are 60m in Britain alone - another 280m in the United States. But the point is stupid/moot in any case as English is becoming the defacto global second language, spoken by almost everyone who has a second language (if their primary language isn't English).
> In Europe and many socialist cities/states poverty is forced on you because those options are taken away. How do you measure poverty?
Capitalism is a disease that it's high time we eradicated!
Not really, no. It's not "derived" from Norman French. Norman French was mostly used by the aristocracy, with the religious hierarchy using that, English and Latin. There are as many Latin words in the English language as there are French. Regardless, English is "derived from" Germanic languages. Its vocabulary merely includes French and Latin words.
Google. etc don't pay taxes. That is what they do. Governments can raise taxes to 9,000% it doesn't matter to them they won't pay.
Corporatism != Free Market
ignoring the demographics of American prisons, the average European citizen seems pretty regulated, hard to get into trouble when you have no free speech, weapons, or even much of your paycheck, these conditions are similar to being in prison, which of course has its benefits, like free healthcare and housing
Riddle me this... the places in the US that pride themselves on "light regulations" also tend to have the highest incarceration rates. Whereas incarceration rates in Europe tend to be 1/3 to 1/4 of the US average with similar or lower violent crime rates. If the US puts so many people in prison (proportional to population), is it really so lightly regulated?
The difference is that Europe is somewhat more economically regulated than the US, but those regulations generally affect larger corporations, not the average citizen. The US is home of Draconian social regulations that put people in prison, ruin their lives with arrest records, etc and so forth.
Whilst that's a good point, the main reason that our prison populations are lower is because we haven't treated it as an industrial complex. Here on the other side of the pond prisons are still considered the property and responsibility of our respective governments.
There is also a lot more in the US you can go to jail for. If you get caught with drugs on the streets of Paris, Dortmund or Newcastle, you'll at worst get a fine. Possession alone is not a impressionable-able offence unless you've got enough to be dealing (and we mean a lot, not just a few weeks supply). Basically the US system is set up to keep prison populations high, it could cut prisoner numbers significantly just by changing possession to a misdemeanour offence.
Calling someone a "hater" only means you can not rationally rebut their argument.
APK isn't an incel, he gets his ass plowed daily down at the glory hole in the Pilot Travel Center off of I-85. Every day he tests out his natural immunity to AIDS while carrying a viral load that would drop an elephant instantly.
Americans were also invented by the English, so it's OK.
The difference is that Europe is somewhat more economically regulated than the US, but those regulations generally affect larger corporations, not the average citizen.
Yes, according to the leftist fantasy that large corps, when taxed, just sit in the corner, pay and cry, instead of just shrugging and passing on the costs to the customer, that is, your "average citizen".
All colonials are vulgar, that's true. But the septics are mostly comprehensible.
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
More American misconceptions: (1) Free speech -- oh my God! You can't spew Nazi or racist propaganda in public! The horror! (2) Weapons -- https://en.wikipedia.org/wiki/... Gun ownership rates aren't exactly zero in Europe. (3) Paycheck -- think of US health insurance premiums as a tax, then add them to the "official" tax rate in the US.
Out of the OECD-22 the US has:
-- the highest change of dying by age 60
-- the third highest functional illiteracy rate
-- the highest % of population in functional poverty (below 50% of median income)
Long-term unemployment is lowest, but if you're forced to work in a McJob, that's not actually great.
Companies are playing both sides of the pond and actually harming the west. It is long past time for our nations to work together and come up with a decent solution. these days, I believe that we should kill corporate taxes, and instead use sale/vat tax, combined with dividend taxes. Regardless, the west is being played by our own companies, & none of the western nations can do anything, until we all work together.
I prefer the "u" in honour as it seems to be missing these days.
"France Considers Raising Taxes"
You'll probably shout racist and Nazi - but eliminate inner city gang members from those stats and we do a lot better. We don't really have a prison or illiteracy issue - we have a dependency issue that's encouraged and furthered by the Democrats. And the victims are overwhelmingly black, hispanic, and poor.
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
Authoritarians/reactionaries love punishment approaches to solving problems because it satisfies their lust for seeing people getting their just desserts (in their judgement).
They'd rather spend 10 billion putting drug dealers and users in prison than spend 1 billion treating addiction like a health issue, providing compassionate treatment and eliminating the demand (which besides being cheaper up front ALSO makes for way cheaper long term costs). And that's not even accounting for the fact that the "war on drugs" generates its own additional social problems like escalating violence due to the virtual arms race between cops and dealers, parents taken away from their children which perpetuates the poverty cycle and so on.
And it goes part and parcel with their tendency to believe in myths about the nature of social problems. One is the false notion that the only drug addicts are trash that already burden society by not working and getting benefits when the reality is that it affects all social classes, especially opiates, and many drug addicts are fully high functioning, have a job and a regular life and somehow make it "mostly work". Another example, the pro-lifers believe that the vast majority of abortion seekers are single "sluts" looking to escape scott-free the consequences of their sinful choices when the reality is that the majority of women that receive abortions already have children and are frequently married or long-term partnered. Then they believe that the vast majority of welfare/food stamp recipients are lazy african-americans who just sit around all day on the dole, the reality is that whites are actually the largest single group by race (more than double that of african-americans) and that more than 75% of the households receiving benefits have at least one adult with a job (and a huge portion of those without that income are people who are literally unable to work).
BTW on a semi-related note, look at all the myths the republicans are pushing now about socialism. They continually harp on failed states like Venezuela and North Korea and try to terrorize their base into thinking that's where American is headed. First that ignores the fact that nations call themselves all kinds of things that aren't true. North Korea's official name is the "Democratic Republic of Korea" and obviously it is neither of those things. So just because a nation calls itself socialist, it doesn't mean it really is. But even larger, it ignores the fact of the many nations that are social democracies and are quite successful, arguably some of them more successful than the USA, like Sweden and France.
You are completely correct in your larger point about the absurdity of USA public policies. However, Europe in general has weak of on protections for freedom of speech. Germany in specific:
Insult is punishable under Section 185. Satire and similar forms of art enjoy more freedom but have to respect human dignity (Article 1 of the Basic law). However, the following are illegal, and 26,757 court cases, 21,454 convictions and 20,390 fines in 2013:
Disparagement of
- the Federal President (Section 90).
- the State and its Symbols (Section 90a).
- Insult to Organs and Representatives of Foreign States (Section 103). (will no longer be valid as of 2018)
Hate speech may be punishable if against segments of the population and in a manner that is capable of disturbing the public peace (Section 130 [Agitation of the People]), including racist agitation and antisemitism.
[Who decides what is hate speech?]
Membership in or support of banned political parties (Section 86). Currently banned parties include the SRP and the KPD, but historically all non-Nazi parties have been banned (1933–1945).
[Who decides which parties are banned?]
Dissemination of Pornographic Writings (Section 184).
[Who decides what is pornography?]
Outdoor assemblies must be registered beforehand.[120] Assemblies at memorial sites are banned.[121] Individuals and groups may be banned from assembling, especially those whose fundamental rights have been revoked and banned political parties.[121] The Love Parade decision (1 BvQ 28/01 and 1 BvQ 30/01 of 12 July 2001) determined that for an assembly to be protected it must comply with the concept of a constituent assembly, or the so-called narrow concept of assembly whereby the participants in the assembly must pursue a common purpose that is in the common interest.[122]
Neither did all of the refugees sucking on the teat of those "free" public services.
Actually, health insurance is taken out PRE-TAX, so it lowers your tax burden to the government.
Nice try.
As far as disparagement of the President and the state and its symbols, I disagree with the law, but it's seldom prosecuted if ever. Also, keep in mind that children in the US have been arrested (or kicked out of public school) for refusing to pledge allegiance to the flag, so de-facto, US freedom of speech is limited even if the law officially guarantees it. I actually agree with hate speech/banned political parties considering Germany's history. Porn? It seems like the laws (in practice) are similar to the US for hardcore porn -- age verification and separate sections in stores. Soft porn/nudity isn't terrible restricted -- nipples aren't exactly rare on TV there. Public assembly seems to be subject to notification requirements, but permits aren't actually required. Contrast this to the US where every shitty little protest march tends to need a permit, or the cops go to full pig mode and start arresting people for obstructing sidewalks or similar "crimes."
Not always. It's only pre-tax if your employer pays for it, or if you're self-employed. If you're paid on W-2 and not offered insurance, you can't take the deduction if you buy your own insurance.
Also, I wasn't arguing pre-tax and post-tax status. I was saying that let's compare apples to apples. If most tax rates in Europe include health insurance coverage with low to no deductible, then let's add insurance premiums and deductibles to US tax rates to make the comparison 1:1. It's not only about the tax, but what you get back for it.
But we have only made small steps in doing so -- because the regulations favor corporate scum (in this case prison ad police contractors). Which feeds back to the original point ... European regulations favor people, Americans favor rich corporations.
Have you worked with some supposedly literate middle-class white people? It's frustrating as hell.
Sure. But that does not eliminate the fact that blacks and hispanics commit overwhelmingly more crime than their share of the population, and is driven by gang activity (at least for violent crimes).
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
Need to pay for the third world socialist voters somehow.
An axe age
an iron age
Shields shall be broken
A wind age
a wolf age
Ere the world totters.
I think we've pushed this "anyone can grow up to be president" thing too far.
French here, you're right albeit the quantity of these French and Latin words is huge. About as many Latin as French words as well but many of these words are pretty much the same in Latin and French or additionally Ancient Greek, like "hierarchy".
From your post, here are the words I think are French, Latin or both (or very closely derived) :
- really, no, derived, Norman, used, aristocracy, religious, hierarchy, using, Latin, many, language, regardless, Germanic, vocabulary, includes.
We need to stop wars then. The people gets a double penalty : tax burden for billions wasted on cruise missiles, fuel, guided bombs, blankets sent to the terrorists etc ; and the refugee waves. Then there are hundreds billions in economic damages abroad, to say the least...
France was at war with England at the time. No ideals involved on their part. In return the US saved France in two World Wars and helped rebuild it via the Marshall Plan, then protected it from the Soviet Union.
Explain why the US should be grateful to France for anything.
"This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
...Internet giants pull out of France and block traffic in/out of the country to their services completely.
Sorry.
A good majority of the people put into prison did so of their own free will. Breaking the law is breaking the law.
Having said that, should some laws have more lenient sentencing guidelines? Sure.
But ultimately, the people who get arrested, in a VAST majority of cases, CHOSE to do the act they did that broke the law. No one forced them to.
If you want Draconian, look up socialism in Europe.
I speak binary, dipshit.
We can send you a million gang bangers and see what happens.
nice one from you the discussion is cool | Music Download
Give me some lovinâ(TM)
Lov z money
You must have gotten your 5-10 times number from somewhere, didn't you?
Show us where.
Or did you pull it from your ass like all your numbers?
I've lived in both France and the United States. The liberalism in the US is undermining the wealth of its people and most fail to comprehend the insane costs of these policies. Most don't understand how not financing healthcare and education threatens not only their wealth but also their health and undermines the US' ability to have a competitive workforce.
Americans deceive themselves thinking in the US "people choose to live in poverty by making dumb decisions". This helps them sleep at night as long as they ignore that getting sick can get them fired, lose their employer's insurance and be unable to find any alternative they can afford. Then all the money invested by society in that individual can get flushed down the drain.
A high salary is nothing if all of it goes towards getting private health insurance, car insurance that means you'll be on the hook for any damages you cannot pay, insanely expensive education costs for your kids, and a total lack of pension forcing you save a significant portion of the income for retirement. The lack of employment benefits also prevents risk pooling and forces everyone to save 100% of what they may need if they lose their job. So yes the amount on your paycheck is nicer but that's only because most people ignore these extra costs, to their detriment if they fail to plan for them.
Middle-class americans also seem to think that because people with "half-decent jobs have health care that is generally paid by employers" it's ok for all the other people they interact with (cashiers, cleaners, hairdressers, plumbers, etc) to have no health coverage. To them it's ok if these people die as long as they have half-decent health coverage. Most americans are christians so maybe that's what passes for being a good christian over there. To me that's just being a horrible human being.
You still go on with these accusations, but never even a single example to go with it.
Same as all your lies.
Whereas your constant lies are routinely documented. https://google.com/search?q=si...
WindBourne: No law was broken.
Judge: Oh ok then, case dismissed.
Why didn't their defence think of that?
In Germany, Volkswagen has paid €1 billion in fines over defeat devices following its 2015 admission that it installed them in 11 million cars worldwide, while high-end subsidiary Audi has paid €800 million.
But the number of vehicles showing irregularities in BMW's case is far smaller, at just under 8,000.
Prosecutors said that they believed "mistaken labelling of the part of the motor control software responsible for exhaust treatment" was behind increased on-road emissions.
"Extensive investigations" had found neither evidence of a purposely designed defeat device, nor of intent to commit fraud by BMW employees, they added.
There is a reason for the differing levels of fines.
You always do this WindBourne. Claim things and if you ever provide links, they almost never back up what you are claiming. Are you being intentionally deceitful? Or are you just that grossly incompetent, every, single, time?
Only liar is you as always.
Their current ATM of other people's money ran out so they are looking for another ATM. Hey look, but internet companies have money, let's tap into that! And on it goes until no one has money and neither does France.
Giants don't like a tax.
Constant liar WindBourne
PS: Dailmer paid a fraction because they werent even found guilty of anything serious.
Prosecutors said that they believed "mistaken labelling of the part of the motor control software responsible for exhaust treatment" was behind increased on-road emissions.
"Extensive investigations" had found neither evidence of a purposely designed defeat device, nor of intent to commit fraud by BMW employees, they added.
But you knew that...because it came from your very own link....
WindBourne, still lying and refusing to read his own links.
Google tells me you are the liar WindBourne.
You lie WindBourne
You lie again
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
over and overWindBourne lies
and more WindBourne lies
and more WindBourne lies
and more WindBourne lies
and more WindBourne lies
It's just not credible for you to call other people liars without the slightest bit of evidence, when it's clear for all to see what a lying sack of shit you are.
Google tells me you are the liar WindBourne.
You lie WindBourne
You lie again
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
and again WindBourne lies
over and over WindBourne lies
and more WindBourne lies
and more WindBourne lies
and more WindBourne lies
and more WindBourne lies
It's just not credible for you to call other people liars without the slightest bit of evidence, when it's clear for all to see what a lying sack of shit you are.