It's a sad state of affairs indeed. It is is annoying that tax companies will be taxed so aggressively.
There's a middle ground in a lot of things but it seems like Europe is becoming very antagonistic with aggressively taxing US tech companies.
There's a middle ground in a lot of things but it seems like Europe is becoming very antagonistic with aggressively taxing US tech companies.
Either by intentional design or by lack of resources, both EU and US govs have a hard time winning this game of whack-a-mole when these megacorps have armies of top lawyers and consultants who's sole focus is finding legal ways to avoid paying taxes.
None of them want to give up these privileges, until now that is. Now that these are starting to have an impact at home, they have just started cleaning up.