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It doesn't and regulators saying 'trust us we wont prosecute the easy to prosecute!' makes most businesses uneasy. Indeed. Let's not forget that the EU and na
by Silhouette 9y ago
It doesn't and regulators saying 'trust us we wont prosecute the easy to prosecute!' makes most businesses uneasy.
Indeed.
Let's not forget that the EU and national governments have form when it comes to this sort of thing. The new EU VAT rules on digital sales a few years back were similarly overweight, and they really did result in a lot of microbusinesses either literally shutting down or just plain breaking the law.
A lot of slightly larger ones, my own included, went to considerable lengths to update systems to comply, but with hindsight would have simply declined custom from any (other) EU nation instead because the overheads were and continue to be excessive.
Those same rules really did also result in national tax authorities abusing their new-found powers to go after businesses in other countries within the EU, sometimes through their own incompetence rather than any legitimate grievance, resulting in some very scary threats being received by other small businesses.
It's tough to give much credit to arguments about regulators exhibiting common sense and moderation when the evidence of previous sweeping EU rule changes suggests we shouldn't count on that.