> How do you tariff Adsense from google
Well, it's already subject to VAT, so I guess in much the same way as that?
Well, it's already subject to VAT, so I guess in much the same way as that?
Don't get me wrong, I'd love it if more American big corpos paid more taxes, I was just curious what this plan would even look like when/if it's enacted
They are commonly applied as a surcharge (charge on top of the business or consumer price of a good) on specific goods, which is exactly how VAT works across the EU.
Tariffs can be applied in other ways too, such as a surtax (tax on top of another tax). But I don't think tax on profits is common, as that would give the foreign company too much leeway to fudge the numbers.
Not the case in at least some EU countries. Businesses are responsible for calculating the VAT and paying it themselves.