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Problem is, in regard of European laws, you can't tell them to fuck off if they are not doing anything unlawful. And here it is the case, they exploit a hole in
by xgbi 12y ago
Problem is, in regard of European laws, you can't tell them to fuck off if they are not doing anything unlawful.
And here it is the case, they exploit a hole in the law which allows to create subsidiaries in Luxembourg through which the French/German/whatever company is paying the products it sells.
- mike_hearn 12y agoThe hole in the law is not really a hole, it's designed to work like that. The EU single market was created to simplify trade across borders in Europe, because that makes everyone wealthier. Imagine if every country had to make everything itself! Tax is a big part of what makes trade complicated. If you had to file taxes in dozens of different languages, dozens of times, each year to every EU country, it'd be much harder to sell across the single market. So the EU does not require that, you can incorporate once and sell to the whole market. That means, you get to pick where in the EU you incorporate, and as different regions have different levels of taxation .... well, it's no different to freedom of movement for individuals. They can go live somewhere with lower taxes if they want to. The places they didn't choose to live might not like that, but you can't have both simplicity and every government getting to tax everyone else.