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 The good: 'Uberisation' of economies pinching state tax revenues

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The good: 'Uberisation' of economies pinching state tax revenues Vide
PostSubject: The good: 'Uberisation' of economies pinching state tax revenues   The good: 'Uberisation' of economies pinching state tax revenues Icon_minitimeTue Sep 29, 2015 6:15 pm
With "sharing economy" services like Uber, Blablacar and Airbnb spreading among consumers, state tax collectors risk experiencing a revenue pinch as these new collaborative players capture market share from traditional businesses.
The so-called "Uberisation" of commerce is both rising in volume and spreading across an ever-larger number of sectors -- ranging from apartment, car and power tool sharing to money lending and food services.
Increasingly popular trade directly between individuals is challenging the paradigm of traditional service businesses, and forcing national tax authorities to scramble for a way to get their piece of the action.
"People speak of a digital revolution, but you also have to talk about a fiscal revolution," said Bernard Lalande, a Socialist senator in France.



More:  https://au.finance.yahoo.com/news/uberisation-economies-pinching-state-tax-210931603.html
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