> This sounds like it will be hell for small software companies with customers all over the world.
Uh, no, this will bring required tax profits for rich governments from these predatory countries that will finally fix their budget deficits and insure equality between its citizens.
/just kidding, this will break small companies and make it almost impossible to sell/export to richer countries for small new comers. The big companies will find new loopholes while facing less competition. The EU governments will then just increase the VAT to 35% to fix their deficits. Everything is fine.
What government in their right mind fights taxes they would receive? They want to keep Apple (and others) happy so they don’t take their income elsewhere.
Uh, no, this will bring required tax profits for rich governments from these predatory countries that will finally fix their budget deficits and insure equality between its citizens.
/just kidding, this will break small companies and make it almost impossible to sell/export to richer countries for small new comers. The big companies will find new loopholes while facing less competition. The EU governments will then just increase the VAT to 35% to fix their deficits. Everything is fine.