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> There is absolutely nothing about this scheme that is better than before it was introduced. Nothing. Under the previous scheme Luxembourg/Ireland would get a
by Strom 9y ago
> There is absolutely nothing about this scheme that is better than before it was introduced. Nothing.
Under the previous scheme Luxembourg/Ireland would get a gigantic share of VAT. I guess you could argue that this money can be redirected by EU support programs to countries in need. I think that having the VAT go directly to the country closest to the buyer is a more optimal solution. Less dependence on EU welfare to know that your tax money is benefiting your community.
- zerostar07 9y agoBut that is already happening with regular taxes. EU allows apple and google to set up shop in Ire and do business throughout the EU. Why treat VAT so differently?
- gingerlime 9y agoI think this was the aim of the scheme, but perhaps similar to the GDPR[0], it's hurting small businesses extremely disproportionately to larger ones... [0] https://en.wikipedia.org/wiki/General_Data_Protection_Regulation https://en.wikipedia.org/wiki/General_Data_Protection_Regula...