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This tax is on sales and not profits, so won't it just become another line on the bill for French consumers? I imagine they'll just break it separately from VAT
by dahdum 7y ago
This tax is on sales and not profits, so won't it just become another line on the bill for French consumers? I imagine they'll just break it separately from VAT.
Retroactively they'll have to eat the cost though.
- bagacrap 7y agoYes, but only for larger tech firms, so this will somewhat level the playing field between large and small companies (offsetting the economies of scale that larger firms benefit from). This would hypothetically lead to greater consumer choice, which is probably a good thing.