3% may not sound much but this is on revenue, not profit.

  • Redex@lemmy.world
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    23 hours ago

    Wait, how does this work? I am for the EU to retaliate with tariffs against the US, but how is Poland able to do it by itself? Isn’t the EU supposed to have a common trade policy?

    • DreamlandLividity@lemmy.world
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      22 hours ago

      Well… Taxes are not unified, trade policy is supposed to be. So this is kinda gray area as it is a tax affecting trade specifically. But VAT kinda gives the precedence that countries can tax foreign company business.