Re: re: so it'll be interesting to see what the new competition regime makes of this
Very easily.
Also Google and Facebook are rapidly losing political support in the US. Tump might have threatened tariffs against France for having a bash at taxing Google, but that's more out of his bizarre obsessions and economic nationalism.
Also note that France backed down on their tax, and the UK are still going ahead with ours. Without having got into a trade battle with Trump. At least not yet.
The issue may disappear anyway, given the state of our trade negotiations with the EU. Given their absolute obsesson of not wanting to have much of our relatively more competitive services market involved - Google may be forced to repatriate UK advertising sales back here from Ireland and then pay their corporation tax to our government, rather than Ireland's. The difference there is that HMRC can do a much less politically controversial bit of work on stopping them cheating too much with transfer pricing.
Biting the hand that feeds IT
