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General tariffs exist, e.g. the "10% on everything" that you probably have read about recently. "Everything" includes immaterial imports such as paying for cons
by Arnt 2y ago
General tariffs exist, e.g. the "10% on everything" that you probably have read about recently. "Everything" includes immaterial imports such as paying for consulting when the consulting company is in another country.
- senko 2y agoWhile in general this comment is true (you could, in theory, apply tariffs to services), the recent American "10% on everything" are in fact only for goods. Source: consulting from another country, have US clients.
- Arnt 2y agoSorry, my bad. I don't think I've ever seen a tariff being applied to consulting, have you? I remember a contract that escaped tariffs because the subject was excepted from an exception from an exception, which suggests that slightly different work would be covered, because the deepest exception would not apply. But in the event, my/our consulting was covered by the deepest exception.
- senko 2y agoI haven't either. I do know there's a default 30% withholding tax on stuff like IP licensing, but that's different from tariffs (it's just income tax on digital goods, and usually lower for countries that have tax deals with the US (to avoid double taxation).