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This very much needed to be implemented worldwide. We have not seen capitalism to have been exploited to such extent, so we need regulation to limit any anomali

This very much needed to be implemented worldwide. We have not seen capitalism to have been exploited to such extent, so we need regulation to limit any anomalies. I would go further and require that at a certain scale companies should be divided into smaller ones.

jokethrowaway 6y ago
Why do you think small companies can't compete with big companies anymore? This is the opposite of capitalism, this is big companies colluding with the government to keep their dominant position and prevent competition. For example, look at how VATMOSS forced sellers to use Amazon / eBay or implement complicated tracking / accounting.
- modo_mario 6y ago
  VATMOSS is a simplification compared to what they'd have to do before tho, no? Depending on where they were doing business i guess but on average. Additionally you can basically follow only your local countries vat rules up to 10k
  - ben_w 6y ago
    > Additionally you can basically follow only your local countries vat rules up to 10k I don’t think that was originally the case, I think that’s something campaigners managed to get later. I think VATMOSS happened because big companies chose to operate from whichever EU country had the lowest VAT rate, and charged all sales at that VAT rate, which would explain why it happened. But I’m not a lawyer and I wasn’t doing B2C self employment at the time of the change, so don’t take my word for it.
  - tonyedgecombe 6y ago
    There were good reasons to make some changes but €10K isn't very high. My small one person business does that much in several EU countries and I know I'm far from alone in that.
  - zo1 6y ago
    VAT itself was the original "over-complication", so I wouldn't call it a fair comparison. In all cases, it's easy for big companies to follow VAT regulations, but less so for smaller ones.
- ClumsyPilot 6y ago
  It's not 'any more', the whole body of law on monopolies and mergers is like a 200 years old cornerstone of markets.

jokethrowaway 6y ago

Why do you think small companies can't compete with big companies anymore? This is the opposite of capitalism, this is big companies colluding with the government to keep their dominant position and prevent competition. For example, look at how VATMOSS forced sellers to use Amazon / eBay or implement complicated tracking / accounting.

modo_mario 6y ago
VATMOSS is a simplification compared to what they'd have to do before tho, no? Depending on where they were doing business i guess but on average. Additionally you can basically follow only your local countries vat rules up to 10k
- ben_w 6y ago
  > Additionally you can basically follow only your local countries vat rules up to 10k I don’t think that was originally the case, I think that’s something campaigners managed to get later. I think VATMOSS happened because big companies chose to operate from whichever EU country had the lowest VAT rate, and charged all sales at that VAT rate, which would explain why it happened. But I’m not a lawyer and I wasn’t doing B2C self employment at the time of the change, so don’t take my word for it.
- tonyedgecombe 6y ago
  There were good reasons to make some changes but €10K isn't very high. My small one person business does that much in several EU countries and I know I'm far from alone in that.
- zo1 6y ago
  VAT itself was the original "over-complication", so I wouldn't call it a fair comparison. In all cases, it's easy for big companies to follow VAT regulations, but less so for smaller ones.
ClumsyPilot 6y ago
It's not 'any more', the whole body of law on monopolies and mergers is like a 200 years old cornerstone of markets.