Quote:
Originally Posted by DraX
Can someone fill in the blanks, what's the whole purpose of this...
Getting back otherwise lost tax money from companies selling products?
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Basically that. It's the same as charging the buyer's State Sales Tax and having to remit the right amount (%) to a payment site in a selected one state -- that idea. But, the EU is claiming extraterritorial jurisdiction on digital sales for any world country to its EU citizens.
Comparable: That EU businesses would have to charge USA State Sales Tax on its sales to USA residents and remit the same to some super aggregation agency. (Reversal of principle.)
I am not sure if it is protectionist or simply a tax grab ...