Question

Should robot use by companies be taxed? If so, how should that tax be calculated - by robot, by robot work hour, by robot output value?

1. Provide solid evidence, arguments and facts supporting your position. Avoid any shallow political debates.

2. Please make sure to practice abstract reasoning and system thinking skills, when you develop your response.

Answer 1

understand that what is robot tax

robot tax is important concept that companies replacing employees with automated workers should be required to pay a tax.raised by tax on robots can diverted to displaced workforce. for examples of reskilling or retraining programm.

A company could pay income tax on each robot based on displaced human employees salary A company could pay higher rates of corporation tax for using robots in workforce out of their profits.

Bill gates suggest that best way to slow down the speed of automation so that society can cope with transition to tax the robots.

How benefi for robot tax

Efficient and effective robots will generate so much taxable profit that human can live a life of government funded leisure monetary benefits

many times economically benefits of robot tax A lot of income tax arround hundreds of millions of pounds worth.we predict that robots will generate max productivity therefore generate profit.

robot tax can be calculated international perspective and add it VAT.

The peculiarities of the use of smart robots instead of humans may require a reassessment of current recommendations on the allocation of profits between a PE and the head-office, notably on the concept of key persons.n particular, the use of automation abroad may be treated as a permanent establishment from a double taxation treaty perspective. consider robot output value when  of tax calculated.

Limitation of this study about robot tax

Automation wouldnot be transformative effect on employment