Sahwa@reddthat.com to Europe@feddit.orgEnglish · 10 days agoTrump says he will ‘probably put a big tariff on the UK’ if it doesn’t drop digital services taxwww.theguardian.comexternal-linkmessage-square34linkfedilinkarrow-up1142arrow-down14
arrow-up1138arrow-down1external-linkTrump says he will ‘probably put a big tariff on the UK’ if it doesn’t drop digital services taxwww.theguardian.comSahwa@reddthat.com to Europe@feddit.orgEnglish · 10 days agomessage-square34linkfedilink
minus-squaregwl [he/him]@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up9·10 days agoIt actually is up to Germany, the EU can only make recommendations and threats, they cannot actually force their members to do anything, especially the founder members (which includes Germany)
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·edit-29 days agoIf it is a TAX specifically on US services, it is a tariff. But I can see they UK has designed it to go equally for everybody: The tax targets companies whose worldwide revenues from digital activities exceed £500m ($673m), with more than £25m of the revenues from UK users. IMO we should have a TAX specifically on US tech companies.
It actually is up to Germany, the EU can only make recommendations and threats, they cannot actually force their members to do anything, especially the founder members (which includes Germany)
If it is a TAX specifically on US services, it is a tariff.
But I can see they UK has designed it to go equally for everybody:
IMO we should have a TAX specifically on US tech companies.