3 ms·
> European companies to step up ... and drown in regulations and taxes. There's a reason why the vast, vast majority of IT startups are not in the EU. Source:
by egorfine 2y ago
> European companies to step up
... and drown in regulations and taxes. There's a reason why the vast, vast majority of IT startups are not in the EU.
Source: am a startup in the EU.
- pjc50 2y agoThere shouldn't, in theory, be a heavier regulatory or tax burden on an EU company operating in Europe than on a US multinational operating in Europe. There is in practice, which is how we got into this situation.
- lousken 2y agoAs far as i know, most of the actual tough regulation is focused towards larger businesses with enough revenue, not startups