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Neutrality as in there's no bias to any of the countries of the originally merged companies. If Stellantis were incorporated in France, apart from the higher t
by sofixa 3y ago
Neutrality as in there's no bias to any of the countries of the originally merged companies.
If Stellantis were incorporated in France, apart from the higher taxes, there'd be an obvious bias towards the former PSA in France over Fiat in Italy.
- FirmwareBurner 3y ago>Neutrality as in there's no bias to any of the countries of the originally merged companies. Who cares about that anyway? Multinational corporations have no national allegiance anyway. They only care about profit and shareholder returns. They set up offices wherever the get the best deals, as in lowest taxes and cheapest labor. Austria would have also been a "neutral" country in this case. Why didn't they HQ there and instead chose the NL? Let me see .. checks note .. yeah it's just the much lower corporate taxes and nothing else.
- sofixa 3y ago> Who cares about that anyway? Multinational corporations have no national allegiance anyway You obviously haven't considered the fact that both Italy and France are highly protective of their industries. Italy's PM was recently publicly complaining about Stellantis not putting enough of their manufacturing in Italy.
- FirmwareBurner 3y agoI know. I used to work for them. They already have offices in Italy and in France. But ask yourself why didn't they HQ there and instead in NL that has no automotive industry? I'm sure the lowest corporate taxes in the EU have nothing to do with that.