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Re: Will Scotland Leave the UK?
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Originally Posted by nomadking
I pointed out the separation of Ireland and Luxembourg. A data centre IS in Ireland and IP fees can go anywhere in the world. Apart from anything else, it just makes sense to pick one destination rather than have to deal with 28 different tax regimes.
How would UK tax treat those €500 million costs?
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You are using the same arguments they did, and they lost...
https://www.politico.eu/article/uk-t...s-tax-in-2020/
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The Digital Services Tax (DST), which the Treasury estimates will raise £1.5 billion over four years, will apply a 2 percent levy to revenues derived from the activities of U.K. users of search engines, social media platforms and online marketplaces. It's not an online sales tax but one that targets revenue generated thanks to data collected from users.
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The Office for Budget Responsibility, the U.K. government’s tax and spending watchdog, confirmed the tax is expected to come from “a handful of large businesses” — mostly relating to advertising revenue and the commissions charged by online marketplaces. It warned that the estimated £400 million a year tax take is highly “uncertain” because of the “data, modeling and behavioral complexities involved.”
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If only we’re brave enough to see it.
If only we’re brave enough to be it.
If my post is in bold and this colour, it's a Moderator Request.
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