Hacker News new | ask | show | jobs
by Mirioron 2191 days ago
But they already do contribute to those countries. This is simply protectionism plus at work. Squeeze more money out of foreign companies operating locally, because you can. It'll just lead to the world becoming clustered again like before. We're already seeing it happening with the internet - China is already apart from the rest of the world. Russia has been testing the same thing. Europe is essentially trying to isolate itself from the rest of the world by making rules nobody else has. The trend is moving towards separation, which also means that everyone will have to figure out their own technology.
1 comments

This is just not true. Google for example routes the profit it makes in France to other countries to avoid paying taxes. That's where the current tax systen doesn't work and a new one is needed.
Yes, they avoid paying some French corporate taxes. The French have been fully aware of this for decades. Even if they somehow missed everything else, the Lisbon Treaty was rejected by the Irish until they got assurances from the EU that it won't affect taxation. Part of the reason the EU exists in the form it does is due to this taxation.