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I happen to believe that the excessive "fines" that the EU has been directing at the technology industry are a brazen plan to extract money from large technolog
by dodobirdlord 8y ago
I happen to believe that the excessive "fines" that the EU has been directing at the technology industry are a brazen plan to extract money from large technology companies without violating international taxation treaties signed with the United States.
- londons_explore 8y agoIf that's the case, they need to start issuing more fines to more companies to really make a dent. These fines are big, but as a percentage of the tech industry revenue, they're still under 0.1 percent
- jquery 8y agoThat's not the relevant comparison. What are the fines compared to net profit in the EU?
- mirekrusin 8y agoFine is directly calculated on profit in EU - a'la tax.