Reply to post: Re: VAT

European Union divided over tax on digital tech giants as some member states refuse free money

Anonymous Coward
Anonymous Coward

Re: VAT

sales tax, is the only fair way to tax big companies

SOME big companies.

I work for a company with a multi billion turnover in a commodity sector with thin margins. We already pay all of our taxes according to law, we have no offshore Dutch-double-Irish-NewJersey-Caymans quad decker sandwich tax arrangements.

As a matter of common sense, corporate taxes should be on profit (if anything, but that's another argument), and the problem here is that a small number of largely American companies are exploiting technicalities to transfer profits. Punish those fuckers, not those who already pay their fair share.

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