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It might be worth noting that this is not specific to the EU, it's the whole of Europe. So for example it includes companies from Norway, Switerzland and the U
by Lio 2y ago
It might be worth noting that this is not specific to the EU, it's the whole of Europe. So for example it includes companies from Norway, Switerzland and the UK.
So asking how much tax is paid or how much supply chain is in the EU doesn't necissarily make sense here.
- vanrohan 2y agoIm not particularly fussy if it's EU or European. The idea is more to get insight if it's just a dropshipper/reseller type of business, or involved in regional manufacturing.
- freehorse 2y agoSubstitute EU with EU+norway/switzerland/UK/etc The idea is whether the company has some loophole where the profits are registered in some offshore island in order to avoid taxes, as well as how big part of the product is actually made in europe as opposed as in X non-european country. I have seen a lot of products advertised as being products of the native country when they are actually rebranded chinese products or whatever (I have no issue with chinese products, but if the point is to know which products are european products this is important information).
- kergonath 2y agoIn this case, "in the EU" is a shorthand for "in the single market", "in the customs union", or "in the EEA (plus Switzerland)". High-level discussions rarely go down to this level of detail, and from the point of view of the consumers it is not very relevant. What matters is coupling with the US or China, and the relevant regulations.
- Lio 2y ago> In this case, "in the EU" is a shorthand for "in the single market", "in the customs union", or "in the EEA (plus Switzerland)". No it isn’t because the UK is not in the EEA or the single market. https://en.m.wikipedia.org/wiki/European_Economic_Area https://en.m.wikipedia.org/wiki/European_Economic_Area