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G20 officials say the world needs a uniform digital tax. The Organisation for Economic Cooperation and Development is working to set a minimum rate for companies like Facebook and Amazon to ensure they pay taxes wherever they do business, raising government revenues by $100 billion per year.

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  • Its possible the issue is not so much with the proposed "digital " tax,( especially given the distaste that most of the known world has for these companies). The problem is the logic of extending globalized tax systems to all transnational transactions.

    Imagine all the existing corporate structures

    Its possible the issue is not so much with the proposed "digital " tax,( especially given the distaste that most of the known world has for these companies). The problem is the logic of extending globalized tax systems to all transnational transactions.

    Imagine all the existing corporate structures that exist to arbitrage tax strategies becoming obsolete, jet setting lawyers unemployed, tax accountants unemployable. The world as they know it might change. They could become politicians or lobbyists...

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  • Actually, is not a bad idea given then size of the digital companies and the revenue made by entering almost as the solely competitor in an specific region. Remembering the MX case, un both examples, is actually kind of disastrous for the local parties. Argumentative ahead.

    1) Uber was the one to blame

    Actually, is not a bad idea given then size of the digital companies and the revenue made by entering almost as the solely competitor in an specific region. Remembering the MX case, un both examples, is actually kind of disastrous for the local parties. Argumentative ahead.

    1) Uber was the one to blame for Mexican authorities reacting in a very bad way because no one in the local administrations (cities) were prepared for that service, therefore legislative adjustments were needed in order of maintain the investment the digital company was willing to make, and to actually take care of the regular taxis which still are in a silently mannered war with Uber. In that case, the digital company put against the wall both authorities and taxi owners, and got a pretty good deal... the benefits for the users were briefly noticed, and the main reason for adopting and fast-tracking the regulations for Uber to operate (safety of users) went down once many cases kept being unveiled about the lowered standards in the selection process of the drivers once another companies entered the market. Ergo: the customers aren’t important for the digital company, and now we have many others with similar approach.

    2) Amazon landed and there’s no negative feedback in here... unless you count the many times your account gets frozen or over looked because protocol of securities at logging in at its servers are clearly more robust than the standardised for the country. And I hope I’m not the only one with lost accounts, and frankly tired of double logging and noticing that the services you can access with your Amazon ID, could end up being registered at a variety or servers along the globe, so... once and again you’ll get different accounts: from ES, MX, or another Spanish speaking country.

    Those two examples, in my opinion, are enough to ask the companies for a detailed plan in which the region for them to land, be more than the one for exploration... because at the end, they make a great revenue but I wonder how they actually think in the severe changes provoked by its landing once the company has settled and making a lot of money.