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>The signatories include Belgium, Croatia, Estonia, Finland, Greece, Italy, Malta, the Netherlands, Portugal and Slovenia. GER and FR are just bigger names
by hans1729 6y ago
>The signatories include Belgium, Croatia, Estonia, Finland, Greece, Italy, Malta, the Netherlands, Portugal and Slovenia.
GER and FR are just bigger names
- read_if_gay_ 6y agoI think GP's point is that when you consider their output they're really not the bigger names.
- hans1729 6y agoYes sure, but in the scope of geostrategic developments, opening with Germany and France totally makes sense with regards to the general public, as they won't read NL and think "oh, it's on".
- Tade0 6y agoPerhaps it's because at least in NXP's case the reason why headquarters are there and not somewhere else is that the Netherlands are a tax haven for IP-heavy companies.
- foepys 6y agoHere is some more information about one of the schemes where Dutch law helps avoiding taxes: https://en.wikipedia.org/wiki/Dutch_Sandwich https://en.wikipedia.org/wiki/Dutch_Sandwich
- joelbluminator 6y agoSmall countries like NL and Ireland don't really have a choice. Without giving tax incentives multinationals would just choose the bigger markets (China, U.S, India, Germany maybe). Is it "fair" that the U.S and China dominate everything between themselves?
- joelbluminator 6y agoNXP originated from Philips afaik, so it is a by product of a Dutch company. Why would headquarters move elsewhere?
- rejschaap 6y agoAre you thinking about STMicroelectronics perhaps? They are incorporated in the Netherlands. NXP has a long history in the Netherlands. It started as a division within Philips (Dutch company) and it has done a lot of production work in the Netherlands.
- HorkHunter 6y agoMaybe true, a lot of NXP projects actually happen in Austria for example