Amazon Prevails in Another Tax Big Tech Case With The EU
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16 Comments
Newest
2 years ago
How come I can’t find my profile and previous comments ? Logged out and logged in again but it won t work…
2 years ago
Fck I just found out !….pity one can t delete his own, occasionally stupid, question or comment ….
2 years ago
You would have a lot to delete.
2 years ago
Sure, but I am not the only one….am I?
2 years ago
Since I am not a specialist in EU competition law I can’t say if this is a milestone, a setback or just a non-event. It would be nice to find one here in Mish’s forum who can explain these things.
2 years ago
…..it simply means that the GAFAMs rule the world….if they don t want to pay taxes, so be it, if they want to get rid of a president(Trump for example) he ll be a goner….NO need for a specialist’s opinion friend !
2 years ago
Will Flanders leave the Wallonia?
2 years ago
I find it very interesting that Elon Musk has just now discovered the unsustainability of bitcoin. It doesn’t really add up. He’s bullshitting one way or another. Either he is looking for a way out of his decision to accept BTC for payments (likely), or he’s not nearly a smart as everybody gives him credit for being.
link to zerohedge.com
2 years ago
It’s probably the volatility of bitcoin vis a vis his costs I would say. If you accept payment in bitcoin you would have to sell them to buy dollars right away so you can buy labor and materials so in the end it’s just easier to get paid in dollars and that’s it. It could also be that he got word that there is a takedown of cryptos coming. He is in a position to know these things. If Biden believes he is FDR and FDR made holding private gold illegal then Biden could be looking to do something similar with crypto. There is a parallel developing perhaps.
2 years ago
Alternatively, he’s pumped up Bitcoin / Dogecoin and made a lot of money and sold his stake and so he doesn’t care.
2 years ago
Possible too.
2 years ago
Of course, that s what he did, with the next fools’ money stupidly sending Tesla through the roof …..No need for armed bank robberies these days ….keyboard heists will do, the job !
2 years ago
It is supposed to be ecology related , LOL ! Saw a desperately smiling smug fck on CNBC this morning(european time), Anthony fckn Pompliano, explaining the 20% drop of ‘The Most Efficient Monetary System Ever’ ! Makes me wonder ; is it simply me being totally unwordly deluded ? ….or is it fckn Anthony and co. ?
2 years ago
I think that the main problem, at least as I know in France, is that the big companies pay much less taxes than the big ones (a much higher percentage of their turnover).
2 years ago
“much less taxes than the small ones”
2 years ago
“Ensuring all companies pay a fair share of tax is a marathon not a sprint.” M. Vesteger
Like EU has a budget around which legislation should revolve , or nations in EU have anything they could call one anymore . So all they come up with is “fairness”, as in “We hammer small business, so let’s get consumers to pay fully by going after large also”.
The whole deal is so decrepit you have to wonder who is bribing. It’s not just US companies they go after, they interrupt business in Europe also, so for example (translate button on page)
link to ripostelaique.com
Suggests China is beneficiary…as well as having a few words to say about EU:
” In this great global village under construction that arrogant elites impose on people, Europe not only plays the role of the village idiot , but it is proud of it.”
“Ignorant, naive and narrow-minded, the European Commissioner for Competition, Margrethe Vestager, has proved incapable of interpreting the old obsolete European texts to meet the challenges of the industrial world of 2019”