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Bookmarking Crypto InsightsMon, 25 Dec 2017 18:17:01 +0000en-US
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3232How Zero-Knowledge Blockchain can help Europe tax GAFA?
https://www.digit.info/how-zero-knowledge-blockchain-can-help-europe-tax-gafa/
Mon, 25 Dec 2017 18:17:01 +0000https://www.digit.info/2017/12/25/how-zero-knowledge-blockchain-can-help-europe-tax-gafa/Read more]]>The challenge is huge. For the last ten years, dozens of billions of euros went under the radar, evading taxation in the European Union. One might recall, for instance, that Google was recently held to owe 13 billion euros to Ireland for “undue privilege” by the EU. We are also rendered speechless upon learning that Airbnb paid less than € 93,000 of taxes in France in 2016 for an estimated 120 million euros in profits, equating to less than € 775 of taxes for every million made. During the Tallin Digital Summit, European leaders failed to reach an agreement to
The challenge is huge. For the last ten years, dozens of billions of euros went under the radar, evading taxation in the European Union. One might recall, for instance, that Google was recently held to owe 13 billion euros to Ireland for “undue privilege” by the EU. We are also rendered speechless upon learning that Airbnb paid less than € 93,000 of taxes in France in 2016 for an estimated 120 million euros in profits, equating to less than € 775 of taxes for every million made. During the Tallin Digital Summit, European leaders failed to reach an agreement to