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DenFletcher
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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
CEO
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
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Rookie
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
Rookie
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
Rookie
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
Rookie
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
CEO
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
CEO
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
Blogger
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
CEO
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?

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