Santa Claus and the Web Tax.

The title of the post should let you know how much I trust the web tax, or the 15% corporation tax. My personal opinion is that in the end you have to let Biden win at least once, and since he's not winning shit in any sector, at least there seems to be a win on this thing.

Trouble is, it's a completely empty narrative.

you will have heard that "during the lockdown the giants are always richer". How do reporters know? They might have a subscription to Statista, to say:

But how does Statista know? Well, it is due to the fact that we are talking about listed companies, that is public companies, which publish a social communication required by law every quarter, in which they are forced by LAW to tell the truth. And since a shareholder who is not happy with the dividend could ask for A LOT of money in a lawsuit, these corporate statements are usually true.

Are they public statements? Sure. You can download them too, from here: https://ir.aboutamazon.com/quarterly-results/default.aspx

Here it says how much Amazon earns.

If you really want to know how much you earn per country, it doesn't take long. Always with a subscription to Statista, you can simply search for it:

How does Statista know? Click on “show sources”, and you will find that Amazon also publishes this data by country.

Amazon is NOT hiding any data from any government. Point.

To find out how much Amazon REALLY earns in a single country, just download a PDF. That's right. And they are, I repeat, OBLIGED to publish TRUTH data, to avoid the accusation of having falsified corporate communications. Which is a serious crime.

Don't you find it curious that the same governments that forced them to tell the truth in social communications then fail to read social communications?

It is true that Amazon Italia owns a series of SrL, but it is not that the SRL can falsify the data in the financial statements. If you want to find one of the Amazon companies, in fact, you don't need who knows what sophisticated investigation.

You can click here:

AMAZON ITALIA LOGISTICA SRL, VAT number: 07231660965, Turnover, Employees, PEC and Telephone

Free check invoice, profit, purchases, Employees, PEC and Telephone of AMAZON ITALIA LOGISTICA SRL (07231660965) – MILAN in a few seconds

Chamber Office Portal of business services Chamber Office Portal of business services

And you can see that each subsidiary does nothing but publicly declare their earnings.

So, he asks, why do we keep acting as if these companies are hiding?

There is a strange phenomenon.

1. at one point the company announces the Q1 data. So the shareholders know how cool they are and why they need to remain shareholders. It is a cornerstone of the stock market concept: I invest my money but you have to be transparent. The data on earnings, revenue, EBT, EBT by market, and all, is PUBLIC.
2. At this stage, governments turn the other way. Some fall asleep in a pour of concrete, others have a cramp in their finger and do not download the PDF, still others believe they have the pitfalls. And in their lethargic sleep, they keep wondering “but who knows how much they earn. It's a mistery!"
3. At that point the company makes a tax return, and declares “I don't earn anything! The last orgy we had to celebrate the earnings was just a charity dinner for the poor (us), and the ones you see are not escorts, they are poor orphans. They don't even have the money to dress up, don't you see? Did you want us to leave them in the cold? "
4. Governments say “I believe you! believe you! after all, with what data should I support the contrary? ”. And how would I find them if my legs got stuck under the table because of these suitcases full of money?
5. Voters say "hey, but these companies don't pay anything!".
6. And the government says “hey, don't look at the suitcases full of money under my desk! If they pay nothing it is because they take advantage of the weak points of our laws! Different laws are needed !!! ".

No, we don't need different laws. If the GdF notices that you turn in a Ferrari while declaring you have no property, they do nothing but knock on your door and ask for the incongruity. No new laws or new treaties are needed.

Similarly, if they downloaded corporate communications to the NYSE and did the math, they could knock on Microsoft's door and ask "how is it that we declare zero, and then when we are at Q4 you tell your shareholders that you have earned a gozillione and a half, of which 7% in my country? ".

None of these numbers are hidden, on the contrary: not only are they communicated to shareholders, but when things go well they are CELEBRATED. They also pay us dividends.

BUT what happens then?

What happens is the answer to the question "why are there people throwing a party in New York because the website says that the company makes 300 billion dollars, that the European market does makes 40% with a 3% increase, and nobody in Rome, Brussels, Berlin sees anything? "

I invite you to take a test. Take twenty 50-euro bills. You put them on top of each other. Then you put them under your glasses. As you can see, you can no longer download any PDF, or even read on the monitor.

The problem of multinational corporations not paying taxes is not a problem of laws, tax havens or tax avoidance. Just do a little bit of statistics on official data and on the size of the markets to understand how much they earn. He'll be up to 1% wrong, with stats done right.

But to do that, you need not have your eyes closed by that damned pile of banknotes.

The problem of multinationals that do not pay taxes will not get out by putting unlikely web taxes, because you will tax the profits, and they will tell you that there are no profits . Sure, they just celebrated the increase in earnings at a giant party orgy in New York, after telling you how much they earned, how many dividends they will pay and how important your country's market is in the balance sheet, BUT you will believe the " income ".

And no, governments won't do that because they're stupid.

They will pretend not to see the official social communications because they are CORRUPT.

There is no evasion or evasion problem. The numbers are public. The problem has another name: CORRUPTION.

And as long as we continue NOT to give the problem the right name, we will not be able to solve the problem.

And that's why I believe one thing: all this celebrating for the 15% Web Tax only serves to give Biden the sop of having "done something".

It is well known that 15% of zero is always zero, and that governments cannot calculate revenues and impose taxes if the INCOME go through an offshore (when they have financial statements and social communications on the web), it is simply a fairy tale. . Finanzamt and GdF have all the powers needed to calculate inconsistencies and impose a rectification.

If they don't, it's because someone's eyes are covered in bucks. Not because the proceeds go through the Caymans.

Rather, believe in Santa Claus.