Someone else explained it well here: https://news.ycombinator.com/item?id=21713883 https://news.ycombinator.com/item?id=21713883 The proposed new tax is on top

Someone else explained it well here: https://news.ycombinator.com/item?id=21713883 https://news.ycombinator.com/item?id=21713883 The proposed new tax is on top of everything in place, just to placate political rhetoric about big American tech "getting away". This is entirely a nationalist, protectionist tax Spain is levying, and it's not rooted in reason