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Meanwhile the Swedish government is giving massive incentives to Amazon, Google, Facebook and Microsoft to build data centers (and I assume other countries do t
by techpression 4y ago
Meanwhile the Swedish government is giving massive incentives to Amazon, Google, Facebook and Microsoft to build data centers (and I assume other countries do too). Almost zero taxing on electricity and actual monetary payouts.
In other words, this is a bit of a headline without any actual teeth (there’s plenty of ways to compete unfairly), which is the problem when you start wanting to govern the world, you can’t cover all the bases.
- badpun 4y agoIn Poland, there's plenty of "special economic zones" and the companies which establish there are off the hook for corporate income taxes for the next 30 years (IIRC). Other EU countries probably also have similar things?
- deleted 4y ago[deleted]
- alkonaut 4y agoSuch deals aren’t politically viable right now, and past ones seem to be scrutinized too.