[buboard]

The corp. tax loss is 10%

Its becoming clearer that the world is shifting towards coordinated world-wide tax rates, similar to how central banks are coordinated. Modern trade is complex and almost always multinational. Clear and easy tax rates will actually allow anyone to enjoy fair taxation, instead of the current unequal situation in which megacorps can use complex schemes to drastically reduce their rates, while normal businesses can't.

Incidentally , the most unequal territory in terms of shifted profits is Europe. An EU-wide corporate tax of 20-25% would be good for business

[yahwrong]

What's the point in being a big multinational conglomerate if you can't use your size to leverage favorable tax terms over your competition?

[thecleaner]

It is weird that in Germany, you hit the highest bracket so quickly. It would be great if individuals were taxed like corps - pay after your expenses like rent etc. In this place there is nothing to save taxes on. Even if rent goes up, tax rate stays the same. Not counting the ridiculous system of Church tax which is just infuriating.

[gamblor956]

Tax rates are clear and easy. Corporations were taking advantage of loopholes that increasingly no longer exist.

[buboard]

They are really not. E.g. i have to use a US business to collect in-game payments because accounting for all the various taxes and VAT is a f’in nightmare.

[gamblor956]

I did not say tax compliance was easy. But figuring out the rates is a simple table lookup.

Also, using a US business to collect in-game payments no longer lets you avoid VAT compliance if you sell to EU customers. Which is why you can now use an EU VAT compliance "one-stop shop" which does it all for you.

[Mirioron]

Does that one stop shop have reasonable VAT minimums yet?

[gamblor956]

The one-stop shop will work with you whatever your VAT liability is.

If you mean do the EU countries have reasonable thresholds, then that's a country-by-country issue. As it should be...

In that respect, tax is no different than each platform or website having its own API and TOS. We don't make every Facebook and Google use the same API and TOS, so why should we force countries to use the same tax thresholds?

[Mirioron]

>If you mean do the EU countries have reasonable thresholds, then that's a country-by-country issue. As it should be...

When did they make this change? Because initially when the system started the mini-one-stop-shop did not allow you to use VAT thresholds. That was one of the big points of contention about it.