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The next step will be to impose tariffs on code developed abroad. Not that I agree with tariffs, but there are import taxes on physical goods and parts and so
by jacknews 1y ago
The next step will be to impose tariffs on code developed abroad.
Not that I agree with tariffs, but there are import taxes on physical goods and parts and so on, even when they are produced by the same company, so why not on services?
- deleted 1y ago[deleted]
- alephnerd 1y agoHow do you do that without disrupting all of America? Literal backbone cybersecurity software used by the Congress IT team is developed in Tel Aviv, let alone by every single F1000. And we ourselves export services abroad. What's to stop the EU from passing a Digital Services Tax as a result?
- thephyber 1y agoWe export more services than we import, so if we start tariffing them, we are very vulnerable to reciprocal services tariffs. But also, it’s logistically difficult to tax services because they don’t enter into the same ports of entry (eg. airports, seaports), but rather over phone or the internet. There’s no CBP agent listening in on every international phone call, identifying which type of service is being performed across the international phone system.
- deleted 1y ago[deleted]
- wyldfire 1y agoPoe's law....? I honestly can't tell if you're joking. US Customs interdiction on those ssh/https-transported "git clone" sessions you use as an importer, then. "Please first fill out CBP Form 5106 to identify yourself as an Importer and get in that line over there to get your git license."
- mbac32768 1y agoUgh don't give them ideas
- pzo 1y agoit some way you already have with that - section 174 requires amortization of foreign software salaries for 15 years. I'm ok with that as long americans will stop crying about EU trying to tax tech companies. Trump administration completely was not taking into account service sector when applying tariffs to everyone when in fact we buying a lot of such services.