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Google translate of http://www.elmundo.es/economia/2016/06/30/5774ead6ca4741db168b45c9.html http://www.elmundo.es/economia/2016/06/30/5774ead6ca4741db16... "th
by lazyant 10y ago
Google translate of http://www.elmundo.es/economia/2016/06/30/5774ead6ca4741db168b45c9.html http://www.elmundo.es/economia/2016/06/30/5774ead6ca4741db16...
"the background of all these investigations are the lack of tax harmonization in the EU and tax strategy of the company, like others such as Apple or Twitter, for example. Sales declaring these firms in each country are unrelated to their actual billing. Subsidiaries in Spain-and other European countries act as agents of another parent company based in countries with lower tax burdens as Holland or Ireland. National subsidiaries taxed only by the minimum commissions they receive from their Dutch or Irish matrix, most of the turnover recorded paying minimum tax rates."