4 ms·
Why is it Global revenue? It seems presumptive for the EU to want a share of their global revenue rather than EU revenue
by taysic 9y ago
Why is it Global revenue? It seems presumptive for the EU to want a share of their global revenue rather than EU revenue
- StavrosK 9y agoI assume it's because it's less easy to game, rather than say "oops we made all our money in Switzerland that year".
- johnvonneumann 9y agoBig companies make a habit of pushing their tax liabilities to the most favourable jurisdiction. As the other comment said, they would take the piss.
- marsRoverDev 9y agoAlso, it is worded to say that it's 4% of global revenue for your parent company. So there is no setting up an offshored tiny company to wear the liability - your parent company is on the hook, wherever that money may reside.
- RivieraKid 9y agoJust create two tiny companies, one being the parent of the other.