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TSMC looks to double down on U.S. chip factories as talks in Europe falter

(www.reuters.com)
437 points adventured | 1 comments | 15 May 21 00:49 UTC | HN request time: 0.232s | source
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jimmcslim ◴[15 May 21 01:36 UTC] No.27161489[source]▶
I’m dismayed that Australia isn’t doing more to foster local fabs.
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icelancer ◴[15 May 21 01:50 UTC] No.27161557[source]▶
Their massive import/export taxes on anything related to technology basically kills any of those types of ideas, unfortunately.
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jeeeb ◴[15 May 21 02:54 UTC] No.27161887[source]▶
Australia has some of the lowest import / export tariffs in the world. I.E. they’re generally zero or close to.
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icelancer ◴[15 May 21 04:05 UTC] No.27162254[source]▶
Tariffs, yes. Taxes, no. Simply comparing the cost of technology-based goods between AUS and USA/CAN - or worse, digital-based items - shows why Australia is not an attractive place for technology companies.
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1. jeeeb ◴[15 May 21 04:26 UTC] No.27162356[source]▶
I don’t know of any particular taxes on technology goods in Australia. There’s 10% GST but that’s paid by consumers. For companies GST on inputs is all deductible.