Welcome to WebmasterWorld Guest from 3.228.21.186

Forum Moderators: phranque

EU will have agreed a tech tax by March, says French finance minister

     
3:45 am on Jan 22, 2019 (gmt 0)

Senior Member from US 

WebmasterWorld Senior Member tangor is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Nov 29, 2005
posts:10456
votes: 1091


The European Commission had suggested a 3 per cent levy on firms with a global annual turnover of 750m and annual EU revenue of at least 50m but the measures were branded fundamentally flawed by some nations.

[theregister.co.uk...]
A sign of things to come? Where you pay to play, one way or the other?
10:27 am on Jan 22, 2019 (gmt 0)

Senior Member from GB 

WebmasterWorld Senior Member graeme_p is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Nov 16, 2005
posts:3002
votes: 206


a 3 per cent levy on firms with a global annual turnover of 750m and annual EU revenue of at least 50m


Is not going to affect most of us.

Unhappiness about the UK going it alone seems odd given Brexit. France doing the same seems more of a problem.
2:28 am on June 23, 2019 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month

joined:July 29, 2007
posts:2014
votes: 215


Socialists keep saying they need the individual tax rate of everyone to be at or above 75% of their income. The European commision is very socialist right now. This is called a tax grab, plain and simple. Citizens used to have protection against new taxes like this at the country level but, apparently, not at the EU level.
3:47 am on June 23, 2019 (gmt 0)

Senior Member from CA 

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month

joined:Nov 25, 2003
posts:1339
votes: 438


I would be thrilled, thrilled I tell you, to pay the EU 3% of my 50m EU revenue...
if I had 50m EU revenue...

ah umm, would be even more thrilled if I had 750m global annual turnover...

Now at least, I have a goal!
Thanks, European Commission!

Ah, let's see now, given average YoY increases and average annual inflation I should manage this by, oh darn; perhaps my great grandkids?