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Google Search and Adwords are not developed in Spain or France. In effect these subsidiaries are just local distributors for a US product. If Apple sells an iP
by aianus 10y ago
Google Search and Adwords are not developed in Spain or France. In effect these subsidiaries are just local distributors for a US product.
If Apple sells an iPhone (developed in the US and built in China) to retailers in Paris, should they have to pay French income tax on the entire profit of the phone? Of course not, that's ridiculous, even if the retailer is an Apple subsidiary.
- deleted 10y ago[deleted]
- varjag 10y ago> Google Search and Adwords are not developed in Spain or France. In effect these subsidiaries are just local distributors for a US product. Neither they are developed in Ireland, but they chose to pay their tax there. Perhaps that's significant.