Reply to post: Re: Who pays the tax?

Europe plans special tax for Google, Apple, Facebook, Amazon

Boothy

Re: Who pays the tax?

You seem to be the one missing the point.

The main issue here is Amazon etc, due to their current legal, but unethical tax payments, can undercut their competitors, basically trying to become a monopoly by forcing competition out, by unfair means.

Adding this tax, is about trying to level the playing field again. So yes, prices could well go up a little for the consumer, but that's only because consumers have been underpaying till now.

Companies like Amazon have effectively been using what should have been paid as tax, as a subsidy to keep prices artificially low.

Plus the companies impacted, could chose to absorb the tax themselves, and not pass it on the the consumers, time will tell.

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