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I don’t understand why they are tying the fine amount to global revenue rather than Italian revenue. Any Italian here who can explain it ?
by ExpertAdvisor01 9mo ago
I don’t understand why they are tying the fine amount to global revenue rather than Italian revenue.
Any Italian here who can explain it ?
- betaby 9mo agoIt's pretty common in fact for certain countries, see for example https://www.nbcnews.com/news/world/russia-fines-google-20-decillion-world-gdp-youtube-kremlin-war-ukraine-rcna178172 https://www.nbcnews.com/news/world/russia-fines-google-20-de...
- ExpertAdvisor01 9mo agoWhere does it mention Global Revenue ? It's just a symbolical fine
- betaby 9mo agoPractically it's the same - some arbitrary amount.
- ExpertAdvisor01 9mo agoAh Digital service act fines and other eu fines are tied to Global revenue.
- philipwhiuk 9mo agoEasy. Tech companies love revenue and profit shifting. https://en.wikipedia.org/wiki/Dutch_Sandwich https://en.wikipedia.org/wiki/Dutch_Sandwich The sales are 'made' in the US despite the customer and the "sales team" in the country.
- ExpertAdvisor01 9mo agoEhm This is already completely outdated. Every EU country has now strict transfer pricing laws