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Much of the profit generated in the EU by these multinationals actually ends up largely untaxed in Bermuda/Cayman islands/... subsidiaries. https://en.wikipedi
by markvdb 9y ago
Much of the profit generated in the EU by these multinationals actually ends up largely untaxed in Bermuda/Cayman islands/... subsidiaries.
https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement
- candiodari 9y agoBut that would not be able to happen if it wasn't for the EU. Then import taxes would compensate.