4 ms·

Wow, poor FAANGs having to pay, like, any taxes at all. Clearly unjust. Won't anybody think of the poor megacorps?

by ahartmetz 4y ago

throwaway5959 4y ago
Yawn. Let me know when they fine Deutsche Bank or Spotify.
- jim_kreggis 4y ago
  For what
  - NickRandom 4y ago
    I was going to downvote your low effort comment but instead did a quick search and turned up the following (there are probably more) Deutsche Bank fined nearly $10m over rate setting failures https://www.fnlondon.com/articles/deutsche-bank-fined-nearly-10m-over-rate-setting-failures-20211229 https://www.fnlondon.com/articles/deutsche-bank-fined-nearly... Deutsche Bank handed $124 million in bribery fines by US court https://www.dw.com/en/deutsche-bank-handed-124-million-in-bribery-fines-by-us-court/a-56176485 https://www.dw.com/en/deutsche-bank-handed-124-million-in-br... Spain Fines Deutsche Bank $3.3 Million for 'Very Serious' Infringement https://money.usnews.com/investing/news/articles/2022-03-29/spain-fines-deutsche-bank-3-3-million-for-mis-selling-bank-products https://money.usnews.com/investing/news/articles/2022-03-29/... FINRA Fines Deutsche Bank Securities, Inc. $2 Million For Best Execution Violations https://www.finra.org/media-center/newsreleases/2022/finra-fines-deutsche-bank-securities-inc-2-million-best-execution https://www.finra.org/media-center/newsreleases/2022/finra-f...
- xen0 4y ago
  Deutsche Bank is fined with some degree of regularity (yes, even in Europe).
- blitzar 4y ago
  "US regulators have imposed fines worth $37bn on the global banking industry in relation to US-based economic crime since 2012. Of that, UK, French, German and Swiss banks with branches in the US have paid almost 40%." "The average amount paid by European banks is around $500m per fine — over 10 times the average that US firms pay to US regulators ..." The EU banks have long been a cookie jar for the US to raid whenever they need a buck or two
  - t_mann 4y ago
    Interesting quotes, can you add the source?
    - blitzar 4y ago
      https://www.fnlondon.com/articles/european-banks-face-disproportional-us-fines-20170911 https://www.fnlondon.com/articles/european-banks-face-dispro...

Wow, poor FAANGs having to pay, like, any taxes at all. Clearly unjust. Won't anybody think of the poor megacorps?

throwaway5959 4y ago

Yawn. Let me know when they fine Deutsche Bank or Spotify.

jim_kreggis 4y ago
For what
- NickRandom 4y ago
  I was going to downvote your low effort comment but instead did a quick search and turned up the following (there are probably more) Deutsche Bank fined nearly $10m over rate setting failures https://www.fnlondon.com/articles/deutsche-bank-fined-nearly-10m-over-rate-setting-failures-20211229 https://www.fnlondon.com/articles/deutsche-bank-fined-nearly... Deutsche Bank handed $124 million in bribery fines by US court https://www.dw.com/en/deutsche-bank-handed-124-million-in-bribery-fines-by-us-court/a-56176485 https://www.dw.com/en/deutsche-bank-handed-124-million-in-br... Spain Fines Deutsche Bank $3.3 Million for 'Very Serious' Infringement https://money.usnews.com/investing/news/articles/2022-03-29/spain-fines-deutsche-bank-3-3-million-for-mis-selling-bank-products https://money.usnews.com/investing/news/articles/2022-03-29/... FINRA Fines Deutsche Bank Securities, Inc. $2 Million For Best Execution Violations https://www.finra.org/media-center/newsreleases/2022/finra-fines-deutsche-bank-securities-inc-2-million-best-execution https://www.finra.org/media-center/newsreleases/2022/finra-f...
xen0 4y ago
Deutsche Bank is fined with some degree of regularity (yes, even in Europe).
blitzar 4y ago
"US regulators have imposed fines worth $37bn on the global banking industry in relation to US-based economic crime since 2012. Of that, UK, French, German and Swiss banks with branches in the US have paid almost 40%." "The average amount paid by European banks is around $500m per fine — over 10 times the average that US firms pay to US regulators ..." The EU banks have long been a cookie jar for the US to raid whenever they need a buck or two
- t_mann 4y ago
  Interesting quotes, can you add the source?
  - blitzar 4y ago
    https://www.fnlondon.com/articles/european-banks-face-disproportional-us-fines-20170911 https://www.fnlondon.com/articles/european-banks-face-dispro...