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I am not sure, doing my business taxes in Germany (of course not the same as here), a lot of rules are applied in a way or another depending on the majority sta
by Loic 5y ago
I am not sure, doing my business taxes in Germany (of course not the same as here), a lot of rules are applied in a way or another depending on the majority stake holder in the company. So, if the subsidiary is fully owned by a US company, this may still not be accepted.
This is why at some point (I am not sure if this is still the case), the Azure cloud in Germany was fully owned and operated by Deutsche Telekom. Microsoft was basically providing software, consulting and brand. This way, it was legally not possible for Microsoft to access the data.
- emteycz 5y agoIt must be fully acceptable. There is zero legal distinction between foreign-owned companies and local ones. This is not China. Of course then the infrastructure and control must be fully separated, which might be why MSFT did the deal you're talking about.
- piaste 5y ago> It must be fully acceptable. There is zero legal distinction between foreign-owned companies and local ones. This is not China. Who is the "this" you're referring to? The US has forced this distinction into existence via the CLOUD Act, which applies to US-owned companies operating abroad. The EU ought to deal with this fait accompli, and if that means reducing US companies' ability to operate in the EU as if they were in their home country, so be it. They can complain to their government about it.
- SaltySolomon 5y agoBut there are already many laws in many countries that distinguish. For example airlines where for example to count as a EU Airline more than 50% must be owned by EU citizens.