October also above the national and European tax regimes

Over The Top rank above infrastructure providers and classic content producers, what they are called OTT for.

But this definition also goes well with the tax strategies that these non-European subjects adopt, going to get around the taxes that, instead, they are forced to pay local operators.

Google has candidly declared that the tax rate it discounts on its billionaire profits is 20%, when any company operating in Europe has to pay between 44% and the 56% !!!!

We are facing a glaring case of unfair competition and oligopoly that can only worsen the economic situation of Europe.

If the legislators and the supervisory bodies do not begin to control and apply the laws that provide for the concept of permanent establishment, they will endorse this nefarious strategy of those who exploit flaws and artfully conceived systems in order not to pay their dues.

There are those who hypothesize that this situation is perfectly legal ( article on Key4biz ) but leaves out an unexceptionable fact: a company that generates profits and therefore profit, selling services and / or products in a specific territory, it cannot only declare a representative office or a turnover that identifies a small subsidiary office ...

If customers are settled in a certain territory, and the seller offers and concludes sales for products and services that are enjoyed by these same customers, Taxes MUST be paid locally!

The French government, followed by the German one, was the first to identify the problem and began to act by imposing taxes that favor local publishing.

Even outside of Europe, there is someone who is taking steps to stem the overwhelming power of Google , even sued by Microsoft in Brazil for unfair competition ( news on the Corriere delle Comunicazioni )

But the main problem remains on an incontrovertible fact: a company that pays lower taxes, manages to accumulate liquidity that is reinvested to increase the presence on the market to the detriment of competitors who see profits and consequently investments to compete reduce.

Furthermore, there is the serious problem of the legal semi-invisibility that some of these operators manage to exploit, although reported as abusive.

First of all the Tripadvisor case ( ex Expedia ) which continues to operate in the total indifference of the supervisory bodies while being totally invisible from a fiscal and legal point of view.

The time has come for old Europe to wake up to avoid collapsing!