The European Union seems powerless to counter the assault waged by the US president-elect and Big Tech, against laws designed to regulate the EU's digital space.
I forget the name of it but there is a little known agreement that means digital services aren’t taxed. Example, I can offshore workers who connect to a server in the EU and performs work.
It covers things like Netflix streaming to EU customers without Netflix being taxed.
If you think about it this is a little odd. After all, goods are taxed when imported, why not digital services?
The EU is often criticised for having no digital leader. Switching that tax free hose off might resolve that.
I forget the name of it but there is a little known agreement that means digital services aren’t taxed. Example, I can offshore workers who connect to a server in the EU and performs work.
It covers things like Netflix streaming to EU customers without Netflix being taxed.
If you think about it this is a little odd. After all, goods are taxed when imported, why not digital services?
The EU is often criticised for having no digital leader. Switching that tax free hose off might resolve that.