this post was submitted on 31 Mar 2024
251 points (100.0% liked)
Technology
37717 readers
400 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Rather the opposite.
Every business selling to EU citizens, is required to charge them the corresponding VAT, then forward it to the citizen's country. Doing otherwise, would be tax evasion.
If they closed shop, they'd risk getting hit with import duties, or directly get blocked in the EU. Not following EU's rules, would get them hit with fines, which they'd have to choose to either pay, or get their shop closed down, with the same consequences.
I know the US likes to tax its citizens even when they don't reside in the US, but most countries like to tax anyone residing or doing business on their territory.
I meant NL is one of the top 10 tax havens in the world due to their exemptions that allow corporate tax evasion.