3 ms·
That's not the problem. You can't tax Google profit in Italy. It's an American company. You can apply sales tax and custom duties, however. This is what this "t
by csomar 2y ago
That's not the problem. You can't tax Google profit in Italy. It's an American company. You can apply sales tax and custom duties, however. This is what this "tax" is. But because of the WTO, they couldn't apply duties, so they are twisting the story.
The WTO agreements and institutions are due to collapse in the next 2-4 years (and nope, am not saying that, see Macron latest interview about cars).
- olabyne 2y agoi think you are confused. It's not about taxing an american company, it's more about taxing an irish company
- tzs 2y agoAmerica was only actually relevant to their point because it is not Italy. Ireland is also not Italy so their point works equally well with America replaces with Ireland.
- aspenmayer 2y agoI thought they mentioned Ireland because of the recent Apple EU tax ruling. Google is also using the Irish tax avoidance strategy. https://www.icij.org/investigations/paradise-papers/top-eu-court-rules-apple-owes-ireland-over-14b-in-back-taxes/ https://www.icij.org/investigations/paradise-papers/top-eu-c... https://en.wikipedia.org/wiki/Ireland_as_a_tax_haven https://en.wikipedia.org/wiki/Ireland_as_a_tax_haven