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by jka
2191 days ago
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To follow on from your mention of China, it seems like TikTok could provide instructive discussion questions here. Does the U.S. and silicon valley want to continue to manoeuvre and lobby to exempt tech companies from tax dues on revenues generated from digital attention and data gathered from users overseas? And if so, does TikTok have to pay tax dues in return for similar revenues generated from U.S. user data? The short-term balance sheet benefit to tech companies from avoiding overseas taxes seems understandable, but the longer-term implications of setting a precedent like that on an international stage seem less clear to me. |
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