Indonesia imposes 10% VAT on Facebook, Disney, Tiktok: tax office
JAKARTA (Reuters) - Indonesia has added more techology companies that will be obligated to apply 10% value-added tax on sales to Indonesian customers to include Facebook, Disney and TikTok, the tax office said in a statement on Friday.
Southeast Asia’s biggest country, which has a population of nearly 270 million people, announced last month it will impose 10% VAT on sales by technology firms including Amazon, Netflix, Spotify and Google, as spending patterns shift with increased remote working amid the pandemic, which has hit government finances.
https://mobile.reuters.com/article/technologyNews/idUSKCN2530CZ
#asia #indonesia #facebook #disney #tiktok #tax
JAKARTA (Reuters) - Indonesia has added more techology companies that will be obligated to apply 10% value-added tax on sales to Indonesian customers to include Facebook, Disney and TikTok, the tax office said in a statement on Friday.
Southeast Asia’s biggest country, which has a population of nearly 270 million people, announced last month it will impose 10% VAT on sales by technology firms including Amazon, Netflix, Spotify and Google, as spending patterns shift with increased remote working amid the pandemic, which has hit government finances.
https://mobile.reuters.com/article/technologyNews/idUSKCN2530CZ
#asia #indonesia #facebook #disney #tiktok #tax
Tech giants are the ‘winners’ of the coronavirus crisis and should pay more tax, Europe official says
Big Tech has to pay a “fair amount” of taxes in Europe, especially as they are the “real winners” of the coronavirus crisis, a top European official told CNBC Saturday.
His comments come amid an ongoing rift between the United States and the European Union over the taxation of companies such as Apple, Alphabet and Amazon.
“It is a major problem,” Paolo Gentiloni, European Commissioner for economics and taxation, told CNBC at the European House Ambrosetti Forum, acknowledging the difficulty in overcoming differences with the United States.
https://www.cnbc.com/2020/09/05/big-tech-needs-to-pay-more-tax-eus-gentiloni-says.html
#Europe #EU #BigTech #tax
Big Tech has to pay a “fair amount” of taxes in Europe, especially as they are the “real winners” of the coronavirus crisis, a top European official told CNBC Saturday.
His comments come amid an ongoing rift between the United States and the European Union over the taxation of companies such as Apple, Alphabet and Amazon.
“It is a major problem,” Paolo Gentiloni, European Commissioner for economics and taxation, told CNBC at the European House Ambrosetti Forum, acknowledging the difficulty in overcoming differences with the United States.
https://www.cnbc.com/2020/09/05/big-tech-needs-to-pay-more-tax-eus-gentiloni-says.html
#Europe #EU #BigTech #tax
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How the rich avoid paying taxes
https://www.youtube.com/watch?v=t6V9i8fFADI
The richest in America don't make money like most Americans. Most people pay income taxes from a regular job. But many in the top 1% make money off their investments, like stocks, and pay capital gains taxes. While normal income has a maximum tax rate of 37%, long-term capital gains tops out at just 20%. Changing that rate, and some loopholes that benefit the wealthiest, is seen as one way to tax the rich.
Read more about how the richest avoid paying income taxes from Vox: https://www.vox.com/22432338/joe-biden-tax-plan
And an investigation from ProPublica: https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
For more information about Elon Musk's loans: http://telegra.ph/Elon-Musk-Techs-Cash-Poor-Billionaire-07-09
#rich #tax
https://www.youtube.com/watch?v=t6V9i8fFADI
The richest in America don't make money like most Americans. Most people pay income taxes from a regular job. But many in the top 1% make money off their investments, like stocks, and pay capital gains taxes. While normal income has a maximum tax rate of 37%, long-term capital gains tops out at just 20%. Changing that rate, and some loopholes that benefit the wealthiest, is seen as one way to tax the rich.
Read more about how the richest avoid paying income taxes from Vox: https://www.vox.com/22432338/joe-biden-tax-plan
And an investigation from ProPublica: https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
For more information about Elon Musk's loans: http://telegra.ph/Elon-Musk-Techs-Cash-Poor-Billionaire-07-09
#rich #tax
Austria to introduce new carbon tax next year
https://apnews.com/article/climate-change-business-europe-austria-1b30ccdced4371bc5c7b306fca5e7c6e
Comments
#climate #carbon #tax #austria
https://apnews.com/article/climate-change-business-europe-austria-1b30ccdced4371bc5c7b306fca5e7c6e
Comments
#climate #carbon #tax #austria
AP News
Austria to introduce new carbon tax from mid-2022
The Austrian government says it will introduce a new carbon tax from July 1, 2022, and will return that money to residents in the form of a “climate bonus.”
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Man Obliterates Budget County Meeting With An Epic Rant | CDCshorts
This man called out the members of the board for their inability to maintain a proper budget for their county
#US #Accountability #Lockdown #Election #Trump
#Masks #Tax
This man called out the members of the board for their inability to maintain a proper budget for their county
#US #Accountability #Lockdown #Election #Trump
#Masks #Tax