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Remote workers will be screwed then. I've worked for companies incorporated in Switzerland and I live in Poland, why on earth would that make sense to pay Swiss
by melomal 6y ago
Remote workers will be screwed then. I've worked for companies incorporated in Switzerland and I live in Poland, why on earth would that make sense to pay Swiss tax if I live and work in PL?
Also Alphabet is a Delaware incorporated company - tax haven, plus there's the good ol' tax haven of Dublin that FANGs love and Google is located in, like Facebook, Amazon, insert other multi-billion turnover company.
For anyone interested in Ireland's tax loopholes: https://www.irishtimes.com/business/economy/explainer-google-and-its-double-irish-tax-scheme-1.4128929 https://www.irishtimes.com/business/economy/explainer-google...
- sokoloff 6y agoMany companies are incorporated in Delaware because it has a highly functioning secretary of state and court system. It's not at all a tax haven, having a state corporate tax rate that's around the 6th highest of the 50 states.
- D13Fd 6y agoThis. You incorporate in Delaware not because it's a tax haven, but because they have the most developed corporate law of any state, and the chancellor/vice chancellors on the Delaware Court of Chancery are without a doubt among the best judges on corporate issues that you will find anywhere in the world.
- melomal 6y ago> most developed corporate law of any state Honestly this just sounds like the old Swiss tax rules of 'we never disclose your details, even to the feds'.
- kube-system 6y agoNo, it's nothing like that. Businesses like Delaware because they can easily hire lawyers that know Delaware law, and those lawyers can say with a good degree of certainty that the law means X or Y, because many businesses before them have already settled the case law there. This is not the case for every state. In some states, your specific business legal concern might be something that is not clearly outlined under the text of the law, and there may be a complete lack of case law to guide your lawyer. TL;DR: lawyers in Delaware are more likely to answer "yes" or "no" rather than "maybe" to your business law question.
- bushbaba 6y agoShould google pay tax to Poland for ad rev sales made in Poland? This is no different.
- melomal 6y agoYou do know that they are incorporated in Dublin too, right alongside all the tech companies - because it's a tax haven. https://www.irishtimes.com/business/economy/explainer-google-and-its-double-irish-tax-scheme-1.4128929 https://www.irishtimes.com/business/economy/explainer-google...
- Aerroon 6y agoWhy does this matter? They can be incorporated in Dublin, but the new rules still apply to a Polish youtuber.
- melomal 6y agoBecause of the original argument being that it's a US incorporated company when in fact it's an EU incorporated too therefore why would a EU based creator pay US based taxes when clearly Google is functioning and registered in the EU?
- DoofusOfDeath 6y agoMy impression is that tax laws don't necessarily make sense. Rather, they embody the attempts of the politicly powerful to shift tax burden onto others. In your case, the power imbalance would come from Poland (or the EU?) not prioritizing your situation in trade negotiations with Switzerland. And your inability to force the EU to change that. That's my working theory anyway. Happy to be corrected.