As sharing economy services like Socialist and Airbnb continue to grow, so too do fears that state tax collectors will experience a decline in revenues as these new business continue to take market share from traditional businesses. Increasingly popular trade directly between individuals is challenging traditional service businesses, and forcing national tax authorities to find a way to secure their share. "If that leads to entire sectors exiting the traditional economy, we can really start worrying," Taly said. "People speak of a digital revolution, but you also have to talk about a fiscal revolution," said Bernard Lalande , a finance ministry senator in France . Furthermore, Vincent Drezet , who heads the main labour union at Paris 's Uber said: “"It's very easy with these sites to generate extra income that escapes taxation...and since development of the sharing economy is being encouraged, losses by the state will increase automatically…”
As sharing economy services like Socialist and Airbnb continue to grow, so too do fears that state tax collectors will experience a decline in revenues as these new business continue to take market share from traditional businesses. Increasingly popular trade directly between individuals is challenging traditional service businesses, and forcing national tax authorities to find a way to secure their share. "People speak of a digital revolution, but you also have to talk about a fiscal revolution," said Bernard Lalande , a finance ministry senator in France . Furthermore, Vincent Drezet , who heads the main labour union at Paris 's Uber said: “"It's very easy with these sites to generate extra income that escapes taxation...and since development of the sharing economy is being encouraged, losses by the state will increase automatically…”