Austria is seeking ways to make digital services like Alphabet Inc.’s Google or Facebook Inc. pay taxes for transactions with the nation’s internet users including internet searches, reports Bloomberg.
The Social Democrats’ plan has two other elements targeted at internet companies: It would extend the Austrian tax on advertising revenue to digital formats, and it would tax purely digital services that are acquired by Austrian customers from companies with no physical presence in the country.
“We need a new approach to make sure that taxes are paid where revenue and profit is made,” Andreas Schieder, the parliamentary head of Austrian Chancellor Christian Kern’s Social Democrats said.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
How does a government believe that it has a right to tax everything?
10:10 AM becasue people like you have to still ask that question, and becasue people like you sit back and let them, and then the govt gets more money and more power to a point where there is no need to even fight them anymore...
But again, you can thank yourself and people like you who let this happen...
Post a Comment