Embedded Systems Conference
Breaking News
Comments
Newest First | Oldest First | Threaded View
Page 1 / 2   >   >>
DenFletcher
User Rank
Author
re: France considers Internet tax, says report
DenFletcher   2/7/2013 10:01:13 PM
NO RATINGS
Although internet has facilitated international trade and travel, I don't think that there should be an additional tax for companies that operate in the online environment. I have a travel agency, http://www.frenchmaison.co.uk/ that is based only on internet customers wanting to travel to France. It's a small business and it would be a burden for me to have to pay extra taxes to the French government. All businesses should be treated alike no matter if they are online or not.

KB3001
User Rank
Author
re: France considers Internet tax, says report
KB3001   7/17/2012 11:30:02 AM
NO RATINGS
Correct, that's the real problem. If they register in the Channel Islands for instance, they pay no VAT. I think Luxembourg has next-to-nothing corporate tax etc.

dclarkele9
User Rank
Author
re: France considers Internet tax, says report
dclarkele9   7/17/2012 11:26:55 AM
NO RATINGS
Again, that simply isn't so. I'm in the UK and pay VAT on every Amazon download I buy. Mind you there are some other US firms who clearly don't know their obligations and don't charge VAT, but i'm not naming them :-)

dclarkele9
User Rank
Author
re: France considers Internet tax, says report
dclarkele9   7/17/2012 11:24:53 AM
NO RATINGS
This applies in the EU. A US company selling say downloaded software is supposed to register for VAT, but they can choose any member state to register in. They then charge the VAT rate of that member state rather than that of the purchaser's.

dclarkele9
User Rank
Author
re: France considers Internet tax, says report
dclarkele9   7/17/2012 11:22:46 AM
NO RATINGS
The problem there is that credit card payments could be for anything, all the card companies know is the amount, vendor and purchaser. So how do they differentiate between card payments for things on which all taxes have been charged and those that aren't?

dclarkele9
User Rank
Author
re: France considers Internet tax, says report
dclarkele9   7/17/2012 11:19:52 AM
NO RATINGS
It's already in place. The EU already demands that extra-EU companies selling services like downloaded software and books charge (and hence pay) VAT on each transaction. Of course enforcement is spotty, but big firms like Amazon certainly comply. This isn't about sales taxes but corporation taxes on profits - the profits are generated outside the EU despite the sales being into the EU.

KB3001
User Rank
Author
re: France considers Internet tax, says report
KB3001   7/17/2012 10:56:40 AM
NO RATINGS
Correct, and that happens to a certain extent. The problem is that these businesses will legally set themselves in tax havens e.g. Luxembourg or the Channel Islands, within the same jurisdiction e.g. the EU or the UK. It is possible to crack down on these practices, but there are vested interests...

KB3001
User Rank
Author
re: France considers Internet tax, says report
KB3001   7/17/2012 10:53:02 AM
NO RATINGS
In the US, taxes are not wildely different from one state to the other, at least compared to Europe. That is the real problem.

Peter Clarke
User Rank
Author
re: France considers Internet tax, says report
Peter Clarke   7/16/2012 9:15:02 PM
NO RATINGS
I think the problems come with trying to levy taxes on things like iTunes, eBay and Amazon sales. People pay to download tunes and other intangibles.....and little or no tax is paid in the country of consumption...Meanwhile the physical CDs on which sales tax of about 20 percent was due go unsold.

Bert22306
User Rank
Author
re: France considers Internet tax, says report
Bert22306   7/16/2012 9:05:53 PM
NO RATINGS
Oh, and as far as international trade go, if you go through customs carrying more than a certain value of stuff you bought overseas, US customs will demand their share. So I suppose that too could be applied, to be fair, also to international Internet sales, no?

Page 1 / 2   >   >>


Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Teensy-Weensy GPAK4 Mixed Signal FPGAs
Max Maxfield
Post a comment
The vast majority of the embedded designers I know typically create MCU-based systems -- they rarely even consider using a Field-Programmable Gate Array (FPGA).

Bernard Cole

A Book For All Reasons
Bernard Cole
1 Comment
Robert Oshana's recent book "Software Engineering for Embedded Systems (Newnes/Elsevier)," written and edited with Mark Kraeling, is a 'book for all reasons.' At almost 1,200 pages, it ...

Martin Rowe

Leonard Nimoy, We'll Miss you
Martin Rowe
5 comments
Like many of you, I was saddened to hear the news of Leonard Nimoy's death. His Star Trek character Mr. Spock was an inspiration to many of us who entered technical fields.

Rich Quinnell

Making the Grade in Industrial Design
Rich Quinnell
16 comments
As every developer knows, there are the paper specifications for a product design, and then there are the real requirements. The paper specs are dry, bland, and rigidly numeric, making ...

Special Video Section
After a four-year absence, Infineon returns to Mobile World ...
A laptop’s 65-watt adapter can be made 6 times smaller and ...
An industry network should have device and data security at ...
The LTC2975 is a four-channel PMBus Power System Manager ...
In this video, a new high speed CMOS output comparator ...
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...
TE Connectivity's clear-plastic, full-size model car shows ...
Why culture makes Linear Tech a winner.
Recently formed Architects of Modern Power consortium ...
Specially modified Corvette C7 Stingray responds to ex Indy ...
Avago’s ACPL-K30T is the first solid-state driver qualified ...
NXP launches its line of multi-gate, multifunction, ...
Radio
LATEST ARCHIVED BROADCAST
EE Times Senior Technical Editor Martin Rowe will interview EMC engineer Kenneth Wyatt.
Flash Poll