> EU is trying to milk US companies
You know, if those US companies would pay the tax they should, similarly to the small companies, these may not be necessary.
You know, if those US companies would pay the tax they should, similarly to the small companies, these may not be necessary.
Legally US companies are doing exactly what they should even if it involves bullshit loopholes like Double Dutch Irish or large licensing fees. If they weren't then there would many within facing charges of tax evasion. The actual solution would involve closing loopholes with things like excluding license fees and business from profit reductions for tax purposes.
That's a MASSIVE subsidy the US keeps giving to its companies. Trillions of dollars not being taxed.
So everyone's playing silly games, the US haven't got clean hands in this at all, effectively allowing their companies to run 0% corp tax on foreign trading.
Unless Google wants to become a charitable non-profit, the idea that they pay their taxes just by doing regular business is preposterous.