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Maybe Alibaba is a better example. Why should Alibaba increasing its global revenue through growth in the Chinese market mean that Ireland should fine it more?
by AlchemistCamp 1y ago
Maybe Alibaba is a better example. Why should Alibaba increasing its global revenue through growth in the Chinese market mean that Ireland should fine it more? If it's because earnings in Ireland or even maybe the entire EU went up, then I can see the justification. But if Alibaba's revenue is going up because of Alibaba improving logistics within China, why should Ireland get anything for that?
- relistan 1y agoIn Tiktok's case it's because the revenue is actually flowing through Ireland. EDIT: here's more about the general mechanism I'm referring to https://archive.is/0hcAK https://archive.is/0hcAK
- AlchemistCamp 1y agoOne of TikTok’s largest markets is Japan. Their shop revenues in particular, doubled in Japan last year. Those earnings are taxed locally and have nothing to do with Ireland.
- relistan 1y agoI suggest reading the link I posted.
- AlchemistCamp 1y agoI did, in 2023.