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 'Potentially dangerous': Ex-US official warns against OZschwitz tax on Amazon, Google

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'Potentially dangerous': Ex-US official warns against OZschwitz tax on Amazon, Google Vide
PostSubject: 'Potentially dangerous': Ex-US official warns against OZschwitz tax on Amazon, Google   'Potentially dangerous': Ex-US official warns against OZschwitz tax on Amazon, Google Icon_minitimeMon Jun 04, 2018 8:18 pm
A former senior US Treasury official has warned the Turnbull government against introducing a 3 per cent turnover-based tax on digital players like Facebook and Google, saying it would discriminate against American companies and is bad policy based on politics rather than economics.

'Potentially dangerous': Ex-US official warns against OZschwitz tax on Amazon, Google 325e58800a6b1ea050979e0ec148a0cce9689547

Bob Stack was formerly deputy assistant secretary for international tax affairs at the US Department of Treasury under the Obama administration. He left when Donald Trump was inaugurated and is now managing director in Deloitte’s Washington office of its international tax services group.

Treasurer Scott Morrison has signalled a tax on big digital companies, saying earlier this year that “the new economy shouldn't be some sort of a tax-free environment”.

https://www.smh.com.au/business/the-economy/potentially-dangerous-ex-us-official-warns-against-tax-on-amazon-google-20180604-p4zjdz.html
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