3 ms·
In the article, it's mentioned that they took €100m in state aid — even more egregious than the mere €65m they took from the Netherlands alone. And that, while
by sebmellen 5y ago
In the article, it's mentioned that they took €100m in state aid — even more egregious than the mere €65m they took from the Netherlands alone. And that, while Booking.com gets discounted tax rates and strong-arms the Dutch government to pay even less through an "innovation box" [0]. Not good at all.
> In 2018 alone, the company received a tax discount of $435 million in the Netherlands, or about €385 million. Thanks to this bait from the state, not only will Booking’s headquarters remain in the Netherlands, but all income generated worldwide by the company will immediately flow to the Netherlands before being taxed elsewhere.
[0]: https://happyhotelier.com/2020/04/18/booking-com/ https://happyhotelier.com/2020/04/18/booking-com/