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This is also how US companies operate in Europe, e.g. Starbucks in Europe paying enormous royalty fees to the US for the name.
by simonh 1y ago
This is also how US companies operate in Europe, e.g. Starbucks in Europe paying enormous royalty fees to the US for the name.
- ciupicri 1y agoThough Starbucks is a francise, so it's expected.
- simonh 1y agoThis isn't the profits of the franchisees, it's the profits of Starbucks.
- slt2021 1y agoUS companies (big tech and others) use Ireland[1], Netherlands[2], and other tax havens[3] for that 1. https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement 2. https://en.wikipedia.org/wiki/Dutch_Sandwich https://en.wikipedia.org/wiki/Dutch_Sandwich 3. https://en.wikipedia.org/wiki/Bermuda_Black_Hole https://en.wikipedia.org/wiki/Bermuda_Black_Hole