3 ms·

I am not sure what the point of this is. If they are exporting data for sale, we can tax the value they are selling it at. If they are using data to generate a

I am not sure what the point of this is. If they are exporting data for sale, we can tax the value they are selling it at. If they are using data to generate ad revenue, we can tax that. If we want to enforce privacy standards, we can make liability laws around sharing that data with third parties; we can make it harder for users to consent to the sharing of data by making users decide and approve on a case by case basis. There is so much to do before exotic schemes, for instance way less intrusive things like making it so privacy policies legally survive bankruptcy.

dbdr 19d ago
There's at least one possible point, which is where the income is taxed. If data is not considered valuable, the German branch of company X can send data to its Irish branch, and the profit realized in Ireland (with very low tax rate), while this value was generated in Germany but the German state gets no income. And if Ireland raises its tax rate, send it to another fiscal paradise. Potentially, if data was accounted as valuable, the income would be accounted for where it is generated, each country gets its fair share, and tax avoidance gets harder.
like_any_other 18d ago
> making it so privacy policies legally survive bankruptcy They currently don't? Why? Isn't that completely insane? How is that different from buying a music CD with the restriction that it may not be used commercially, declaring bankruptcy, and selling it without that restriction, so the buyer can make and sell copies of it? I.e. it's using bankruptcy to create from thin air and sell permissions that one was never given. Can I, in the process of personal bankruptcy, sell information I've signed an NDA on? Can I sell genetically modified seeds that I signed a contract forbidding me from re-planting them, now without the re-planting restriction?
- rileymat2 18d ago
  https://pmc.ncbi.nlm.nih.gov/articles/PMC12810892/ https://pmc.ncbi.nlm.nih.gov/articles/PMC12810892/ Look at the 23andMe case, which ended sort of ok. Previously, a company called Toysmart caused some legislation to pass some specific rules around it, but it did not go far enough. > Can I sell genetically modified seeds that I signed a contract forbidding me from. You can't but the court can adjust terms.

dbdr 19d ago

There's at least one possible point, which is where the income is taxed. If data is not considered valuable, the German branch of company X can send data to its Irish branch, and the profit realized in Ireland (with very low tax rate), while this value was generated in Germany but the German state gets no income. And if Ireland raises its tax rate, send it to another fiscal paradise. Potentially, if data was accounted as valuable, the income would be accounted for where it is generated, each country gets its fair share, and tax avoidance gets harder.

like_any_other 18d ago

> making it so privacy policies legally survive bankruptcy They currently don't? Why? Isn't that completely insane? How is that different from buying a music CD with the restriction that it may not be used commercially, declaring bankruptcy, and selling it without that restriction, so the buyer can make and sell copies of it? I.e. it's using bankruptcy to create from thin air and sell permissions that one was never given. Can I, in the process of personal bankruptcy, sell information I've signed an NDA on? Can I sell genetically modified seeds that I signed a contract forbidding me from re-planting them, now without the re-planting restriction?

rileymat2 18d ago
https://pmc.ncbi.nlm.nih.gov/articles/PMC12810892/ https://pmc.ncbi.nlm.nih.gov/articles/PMC12810892/ Look at the 23andMe case, which ended sort of ok. Previously, a company called Toysmart caused some legislation to pass some specific rules around it, but it did not go far enough. > Can I sell genetically modified seeds that I signed a contract forbidding me from. You can't but the court can adjust terms.