4 ms·
technically they have to adhere to EU laws because all of them have EU subsidiaries (mostly in Ireland) through which they act in Europe. But the irish governme
by kayoone 9y ago
technically they have to adhere to EU laws because all of them have EU subsidiaries (mostly in Ireland) through which they act in Europe. But the irish government is obviously happy about all the jobs and taxes they bring to a small country without a lot of industry or natural resources, so all the lawsuits kind of go nowhere.
See http://www.europe-v-facebook.org/EN/en.html http://www.europe-v-facebook.org/EN/en.html
- wayn3 9y agoobviously. but they are only in ireland because it fiscally makes sense. there is no real reason for facebook to maintain a presence in the EU any more than they have to have a Seoul office to offer facebook services in south korea.
- Markoff 9y agowell for instance Paypal in Europe is in Luxembourg and I doubt it's for tax purposes
- wayn3 9y agoIn the case of paypal its not for tax purposes, but its still for money purposes. Financial institutions tend to gravitate towards luxembourg. Favourable banking law and part of the EU etc.