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by maartenscholl 983 days ago
This spells bad news for "MICROSOFT B.V.", the famous Dutch software company that has reported being responsible for billions of revenue of the Microsoft Corporation over those years.
2 comments

Apple and others are working to explain how the majority of app and hardware sales have a nexus in Ireland.

But wait til you hear of Ugland House (https://en.wikipedia.org/wiki/Ugland_House) in the Caymans - 10,000 sq ft, 5 stories...

... and registered offices of 42,000 companies.

To be fair, the Ireland case for EU seems more understandable. The EU has an economic union, and consumers still pay local VAT.

If EU doesn't like one country has too low tax rates, that's an EU matter.

Is it? These companies and that specific structure involves paying the IRS off in “Advance Pricing Agreements” where they tell the IRS how they won’t pay taxes and the IRS signs off on it

All they have to do is find the agreement

Those agreements are private, and against eu policy or law, the Netherlands has made numerous agreements regarding this with large corporations.

Would love to see them