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850M euro, the proposed amount to be raised, would be on the order of 1% of Google's worldwide revenues. Google doesn't break down its revenues by country but i
by asdfasgasdgasdg 7y ago
850M euro, the proposed amount to be raised, would be on the order of 1% of Google's worldwide revenues. Google doesn't break down its revenues by country but it's hard to imagine it derives more than about 1/20 of the revenues from Spain. If we assume 1/20, which seems very generous to Spain, the amount to be raised amounts to about 20% of revenues in Spain.
So, this seems very high to me? Is this amount annual, or decennial like how US spending and tax amounts are reported?
- mrep 7y agoThe tax will effect more than Google like Facebook and Amazon. The 850M number accounts for the tax revenues from all companies.
- asdfasgasdgasdg 7y agoAh, great point. I was misled by the title, although now I recall that it did discuss Amazon as well.