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The US is prized because of its large market… not because it’s a tax dodge. The US dan cut off access to any company unwilling to pay local taxes just like how
by chrischen 4y ago
The US is prized because of its large market… not because it’s a tax dodge. The US dan cut off access to any company unwilling to pay local taxes just like how China forces any foreign company wanting to tap into its large market to give majority control to a local entity.
- uffndnjfncnc 4y agoThe EU is a large market too but startup founders aren't going there.
- johannes1234321 4y agoEU has a market on legislative base, however in language, culture, ... it is split. It is very hard to build a company serving larger parts of Europe.
- uffndnjfncnc 4y agoMany American companies have done it. Instagram is very popular across the EU.
- johannes1234321 4y agoThey started with an American focus, holding doors open for others and once things were running expanded more actively. Also they were acquired after 1.5 years when not even having a Android app, which is more spread in Europe than US compared to iphone
- svnt 4y agoThe US is absolutely a tax dodge because of low capital gains taxes and low corporate tax rates. Marginal personal income tax rates, which is what others keep comparing here, are only relevant for wage earners.