Amazon, Apple face more international taxes in Europe
Cross-border B2C E-Commerce is popular in Spain; consumers there shop online from overseas websites and Spanish online shops sell abroad. In Central Europe Germany shows double-digit growth in B2C E-Commerce. In Germany, B2C E-Commerce sales reached several tens of billions of euros in 2012 and showed double digit growth over 2011. As a share of total retail sales, B2C E-Commerce accounted for several percentage points less than 10% in 2012, and the share is expected to increase by one percentage point in 2013. The most used payment methods for online shopping in Germany are invoice and PayPal, a contrast with many other European E-Commerce markets where bank cards are the most popular payment method. US based mass-merchant Amazon is the largest E-Commerce player, while the Germany based Otto Group continues expansion into domestic as well as international B2C E-Commerce. German online retailers benefit from popularity with shoppers in neighboring Austria. Eastern Europe sees higher rate of growth in online sales. B2C E-Commerce in Russia grew by over a quarter in 2012, reaching a double digit figure in billions of euros. Further expansion in the online retail market is expected. Some product categories, such as household goods, cosmetics and auto parts have shown recent growth of over 50%.
German elections and Europe’s economy: Five things you need to know
Mr Valls said on France Inter radio [fr] on September 24 : ces populations ont des modes de vie extremement differents des notres et qui sont evidemment en confrontation [avec les populations locales]. This community has a way of life that is very different from ours and their way is clearly at odds with the way of life of their neighbors. The statement got plenty of reactions from the francophone community on twitter, some with a hint of sarcasm: C’est les roms qui sont la cause de tous nos malheurs, c’est a cause d’eux qu’il y a plus de 25 % de chomage chez les jeunes en Europe. More Iulia Socea Just a quick comment: the country tags for this article France and Romania are misleading and reinforce, once again, the misperception that prevails across Western EU countries according to which all Roma come from Romania. Roma in Europe live in many other countries (like Czech Republic, Bulgaria, Hungary, Slovenia etc.) and Im sure not all Roma who live in France are Romanian Roma, though I imagine quite a large percentage are. This is not a France vs. Romania problem, and framing the conversation in these terms makes me think were not really looking for creative, constructive discussions on the matter. http://rakotomalala.blogspot.com/ Rakotomalala Hello Iulia, Thank you for your comment. The reason why Romania was tagged in this article is because French Minister Valls specifically named Romania in his speech. We are as distraught as you are by the rhethoric and the tone used in this debate by some authorities. A more discerning approach to this debate is sorely needed. We thank you for bringing just that to the topic.
Research and Markets: Europe B2C E-Commerce Report 2013
Merkel is convinced, in the longer term, healthier balance sheets will leave the region better off — but in the short term it may mean more cuts. What about the euroskeptics vote? Germany’s euroskeptic party Alternative for Germany — which is opposed to the single currency and wants the country to exit the eurozone — did not get past the 5% threshold required to usher it into the Bundestag, or lower house of Germany’s parliament. It did, however, gain 4.5% of the vote. So, while major anti-euro policy plays are out, noise will increase around Germany’s role in Europe, and any benefits it gets from being in the single currency. How will a third term of Merkel influence the German economy? Merkel’s stewardship of the German economy has been good for the country, but not for all of its citizens. Since she was first elected in 2005, Merkel has steered a steady course, shielding German output from the worst of the financial crisis. This is reflected in upbeat readings for business confidence and a 75% appreciation for the Xetra Dax, the nation’s main bluechip stock index. While unemployment soared in the eurozone and in the U.S. after 2008, Germany’s jobless tally decreased. READ MORE: How Merkel become more American Has crisis split Europe in two? Economists have also argued Germany’s exports benefit greatly from being priced in a currency that is much weaker than the Deutsche Mark would otherwise have been. Barroso: Europe not out of crisis However, large numbers of people are reliant on low-paid “mini-jobs” which leave them struggling to make ends meet.
A link has been sent to your friend’s email address. Join the Nation’s Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs This story is part of Microsoft Amazon, Apple face more international taxes in Europe Carol Kopp, Minyanville 12:33 p.m. EDT September 27, 2013 A picture shows an Ipad with an “Amazon” logo. (Photo: Lionel Bonaventure, AFP/Getty Images) SHARE 9 CONNECT 23 TWEET COMMENTEMAILMORE It’s no day at the plage operating a giant, successful, multinational American company, once you’ve run up against some very un-American notions about tax policy from abroad. Such as the “data tax” on Amazon, Apple, Facebook and Google, about to be proposed by France for adoption by the European Union. Apparently, France would like to impose a data transmission tax on those companies — and only those companies — because they are the dominant platforms for Internet usage in Europe just as they are in the US, but they are “non-European,” that is, American. Their dominance therefore prevents European competitors from emerging from obscurity. (How taxing the most popular sites will make other sites more popular with consumers is not clear.) A French member of the European Parliament tells the Wall Street Journal that a data tax should be imposed because the European nations have become “just the puppets of financiers and multinationals.” Or, as Forbes puts it in a now-classic headline: “Gibbering Nonsense From France About Apple, Google, Facebook and Amazon.” The tax plan is just one piece of a proposal that would establish a new Internet regulatory agency within the European Union. In part, the agency would be empowered to impose other rules aimed at leveling the playing field for European competitors, such as forcing the American companies to enable portability among devices for digital purchases. French Technology Minister Fleur Pellerin told the Wall Street Journal that the absence of such regulations is effectively “blocking innovation from all of the other actors,” and making it difficult for European companies to emerge. The call for regulation gets real impetus from another issue that has entangled US technology companies in Europe: data privacy. The issue gained a great deal of heat after revelations of the US government’s continuing collection of private data on a massive scale, and with the cooperation of some of its biggest technology companies.