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by ringtail 3203 days ago
But what do you mean by "leaving a market" ? MNCs have been doing restructring for decades for reasons ranging from regulations to taxes.

If Google do leave EU, all it will do is legal maneuvering. Nothing will change for EU consumers. They can still do Google searches and buy ads. Profit will stay the same.
1 comments
Oletros 3203 days ago
> But what do you mean by "leaving a market"

Pulling off any presence in that market, offices, stores, etc.

> If Google do leave EU, all it will do is legal maneuvering. Nothing will change for EU consumers. They can still do Google searches and buy ads. Profit will stay the same.

No, because there is all of the burden of a company from outside the EU doing business with EU companies. And not talking about the restriction on data protection.

And don't talk about companies like Amazon or Apple with physical goods

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ringtail 3203 days ago
Benefit of Sales/Stores are insignificant compared to proposed tax liability. All these can/will be outsourced the moment it becomes reality.

How would EU calculate profit share between US R&D and Ireland R&D ? Even if EU do tax R&D, exodus of talent will be just 2x salary increase away.

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Oletros 3203 days ago
> Benefit of Sales/Stores are insignificant compared to proposed tax liability.

You're joking, isn't?

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