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To the best of my knowledge the corporate tax in question is a tax on income, rather than revenue. Any would-be competitor to Google is going to want to plow m
by samlevine 7y ago
To the best of my knowledge the corporate tax in question is a tax on income, rather than revenue.
Any would-be competitor to Google is going to want to plow most/all of their revenue back into growth for years, perhaps over a decade. VC funded companies normally lose money so they can grow faster.
Once you're making money, yeah that's kind of a big sucking hole you want to deal with. But that's a political issue that other EU members states have with Ireland (and Luxembourg, and the Netherlands).