Facebook is used by more than 3 billion unique users every month – and the service earns $3 for each of them. This adds up to a whopping $9 billion a month. Is this income taxed and what can be done to ensure that services pay their taxes fairly in the countries in which they operate?
Dr. hab. Magdalena Słok-Wódkowska (DELab UW, WPiA UW) talks about the digital tax and the effects of the agreement of the group of seven richest countries on the minimum level of taxation on Big Tech, answering questions from Dr. Justyna Pokojska about:
- the way taxes are calculated in the digital world – what such tax should be paid for e.g. Facebook, Amazon or Google?
- the taxation of digital giants today – do they pay, what and where, especially if they operate globally,
- the effects of Big Tech tax creativity on national economies,
- the breakthrough of the G7 agreement and its implications,
- changes introduced by the agreement and the shape of digital taxes
- the chances of taxing Big Tech in the near future.