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Spain planning on going ahead with ‘Google tax' despite US tariff threats
Someone tell me why we're allied with these assholes again?[ElPais] Spain will press ahead with the creation of a tax on certain digital services as soon as a government is formed, according to sources from the caretaker executive. This so-called "Google tax" could, however, raise the ire of the United States, which has already threatened France with reprisals over a similar levy. Sources close to the caretaker finance minister pointed out that the planned Spanish legislation does not target companies according to their country of origin, and argued that the ideal approach would be for such measures to be approved on a joint basis across either European Union (EU) or OECD countries. But there are no plans for this to happen before the end of 2020 at the earliest. That is why countries such as France have already come up with their own regulations, which has in turn prompted a response from Washington. After US President Donald Trump threatened to impose tariffs of up to 100% on French products, on Monday the EU closed ranks, announcing that it would respond "united" to a measure of this kind. Russia resurgent, yawn. China enlisting European countries in B&R, snooze. Huawei installing equipment all over Europe, zzz. Americans retaliating against unfair European protectionism? THAT'S WHERE WE DRAW THE LINE, FUCKERS! That's where Europeans get angry and start passing legislation. I swear, we can't get out of NATO fast enough. The levy designed by Spain included a tax rate of 3%, which would be applied to certain digital services from tech giants whose global revenues exceed €750 million and whose earnings in Spain are greater than €3 million. The decree defined three taxable factors in which the participation of end users is decisive for the creation of value: advertising aimed at the users of a digital interface (webpage, technological platform, software or social network); the supply of a platform that allows users to locate other users to trade with them (such as online retailer Amazon); and finally, the sale or transfer of data collected from the users of a website or platform. Custom-crafted law just for American companies. Fuck you assholes. Make your own fucking companies - oh, but you can't. All you pricks can do is sit and watch while we innovate and then get angry about it. Posted by: Herb McCoy 2019-12-06 |
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