Countries across the globe are in varying stages of implementing digital service taxes. This new approach would tax Amazon, Facebook, and Google at their points of sale rather than at the location they’re headquartered. America, the country where most of those companies are headquartered, and a nation founded on the principles of European Tax evasion, is not a big fan of this new idea. Hey, only we can tax our internet companies. We don’t, but we reserve the right to. This is triggering talk of opening up a new front in America’s recent web of trade wars, this time with European Countries. Here’s what’s happening.
Podcast: Play in new window | Download
Subscribe: Google Podcasts | Email | RSS | More