4 ms·
> The corporations whose large profits and zero taxes annoy people are the online giants. well SAP is probably one of them, but I never heard that somebody is
by merb 9y ago
> The corporations whose large profits and zero taxes annoy people are the online giants.
well SAP is probably one of them, but I never heard that somebody is annoyed by their tax policy.
I never heard anything said against them and I'm pretty sure that they follow the same scheme than Apple, Google, Facebook, etc.
(P.S. I'm german)
- pavlov 9y agoWhere do you get that? SAP's 2017 financial statement says the company paid 970 million euros in income tax on a profit of about 5 billion €: https://www.sap.com/integrated-reports/2017/en/primary-consolidated-financial-statements.html https://www.sap.com/integrated-reports/2017/en/primary-conso...
- TomMarius 9y agoYes, but (mostly, except for VAT) in Germany, not in the countries where they sold the software.
- pavlov 9y agoAFAIK, most of SAP's business goes through local resellers and consultants. They pay taxes in their countries. The iPhone App Store is a completely different animal from SAP's consulting-heavy sales model, and it seems understandable that the EU commission is interested only in the former.
- TomMarius 9y agoThen it was a wrong metaphor in the first place. You're right.