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Perhaps 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 co
by Tade0 6y ago
Perhaps 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