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US would lose out significantly if this were applied by everyone worldwide. The whole of Europe + Anglosphere have surrendered their whole tech related sectors
by polshaw 9mo ago
US would lose out significantly if this were applied by everyone worldwide. The whole of Europe + Anglosphere have surrendered their whole tech related sectors to US companies, an enormous wealth transfer.
- FuriouslyAdrift 9mo agoMost US tech related companies are actually headquartered in Ireland (for tax purposes)
- magicalist 9mo ago> Most US tech related companies are actually headquartered in Ireland (for tax purposes) Regional headquarters. That helps with their taxes in Europe. It wouldn't work to avoid taxes on money made in the US.
- FuriouslyAdrift 9mo agoYou'd be dead wrong there... https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement