“A European Union proposal to tax goods and services delivered digitally over the Internet would impose new burdens on U.S. sellers, the Bush administration said Friday.”
The Washington Post reports that
EU finance ministers are expected next week to consider a plan that would require U.S. sellers to register in Europe and charge the value-added tax on digitally delivered products that applies in the consumer’s home country.
Deputy Treasury Secretary Kenneth Dam said in a statement that the administration has ‘serious concerns’ about the proposal, which he said could allow EU companies to charge lower tax rates and would impose ‘onerous administrative and compliance burdens’ on U.S. companies.
In addition, he said the value-added tax on digitally delivered products such as magazines, books and newspapers would be higher than for their counterparts that are delivered in physical form.
Solution is to ignore these cretins and just do business from outside EU by credit card only not taxing. This give outsider big advantage which force tax withdrawn or out of business. Either way is better than cooperate with these people. Unenforceable stupidity.
Yup. And a great name for a new blog, too: “Unenforceable Stupidity.” Or even better: “Egregrious Unenforcibility” (EU, for short)…