You do realize there is trade imbalance between EU and US in favor of EU. VW USA BMW USA ASML etc. do exact same thing. IF EU starts changing rules US will mirr

You do realize there is trade imbalance between EU and US in favor of EU. VW USA BMW USA ASML etc. do exact same thing. IF EU starts changing rules US will mirror those changes an EU will have a net loss. The MS example is about corp structure change and some wiered accounting consequences MS net profit for all of 2020 was 44 billion globally.