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It doesn't matter if you're losing money on paper, since the fee is on sales, not profit.
by Liquid_Fire 2mo ago
It doesn't matter if you're losing money on paper, since the fee is on sales, not profit.
- fl0id 2mo agoWhich is also with good reason, as there's tons of ways to make your profit basically zero or even negative.
- helsinkiandrew 2mo agoNo it’s based on “net income”: revenue - expenses > But there are a handful of designated platforms that aren’t paying anything in the first round as they reported a loss during the preceding financial year — including Amazon, Pinterest, Snapchat and Wikimedia.
- Liquid_Fire 2mo agoWhere is that quote from? The OP literally says it's based on "annual global sales", and so does this: "6 % of the annual worldwide turnover" https://streamlex.eu/articles/dsa-en-art-52/ https://streamlex.eu/articles/dsa-en-art-52/
- helsinkiandrew 2mo agoThats for fines - the comment I was replying to was referring to the annual fee not fines: > "must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission." > This is just another shake down. Quickly becoming the least business friendly place on Earth.
- Liquid_Fire 2mo agoAh I understand now, thank you, my mistake.