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In return for costing EU members $10 billion in lost corporate tax a year, the Netherlands collects just $2.2 billion in additional corporate tax a year. For ev
by paulus_magnus2 4y ago
In return for costing EU members $10 billion in lost corporate tax a year, the Netherlands collects just $2.2 billion in additional corporate tax a year. For every $1 dollar the Netherlands collected from the shifted profits of US corporations, the EU as a whole lost nearly $4 in corporate tax from the corporations. [1]
[1] https://taxjustice.net/press/revealed-netherlands-blocking-eus-covid19-recovery-plan-has-cost-eu-countries-10bn-in-lost-corporate-tax-a-year-2/ https://taxjustice.net/press/revealed-netherlands-blocking-e...