In the end the remaining profit is declared and taxed in the US, right? I agree many countries would like a bigger share, but it does not seem obvious why Franc

In the end the remaining profit is declared and taxed in the US, right? I agree many countries would like a bigger share, but it does not seem obvious why France or Germany deserve a bigger share, when the product is developed elsewhere. Historically product development is where the value is created (so mostly US). With digital services, the EU feels like it's missing out on tax revenue and to that purpose argues that the consumer creates value instead.