I wonder at what point government will tax AI use by companies similarly to payroll taxes and incomes taxes.
If they pay an AI company $150,000 a month to replace $50,000 in salaries, the government then loses all that income tax from the previous employees as well as the payroll tax on $600k a year.
Uh they’ll just claim the AI is being used in another country then?
There’s really no way to definitively decide the tax jurisdiction of an AI agent.
Good luck figuring this one out without a tax on unrealized gains in companies and good luck figuring that one out for companies if they can just scheme around it by reinvesting all their profit indefinitely.
I wonder at what point government will tax AI use by companies similarly to payroll taxes and incomes taxes.
If they pay an AI company $150,000 a month to replace $50,000 in salaries, the government then loses all that income tax from the previous employees as well as the payroll tax on $600k a year.
Uh they’ll just claim the AI is being used in another country then?
There’s really no way to definitively decide the tax jurisdiction of an AI agent.
Good luck figuring this one out without a tax on unrealized gains in companies and good luck figuring that one out for companies if they can just scheme around it by reinvesting all their profit indefinitely.
A complete ban on AI might be in order.
Just use their primary tax address in the country.
Which country?
You can’t increase taxes on companies. They’ll leave the country.
Oh shit, you weren’t sarcastic?
Lol no
Great sarcasm!
That is sarcasm, right?
Nope
Too late, already happened. It’s the reason why Ireland is the home for such notable Irish tech companies as Google, MSFT, Amazon, Meta, and others.
Those are American companies
Bingo, but that’s not what the legal paper work says.
That is what the legal paper work says. For Google, for instance, it says Delaware.
Damn, I wish that was true
Why?