They both have headquarters in Dublin.
So that's the reality they have to live with.
how many multinationals have left any big market just for taxation?
In other words, you are saying EU can deny its citizens right to buy foreign products ?
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.
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
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.
You're joking, isn't?
Google left the US.
So did Apple.
In fact, are there any multinationals left in high tax countries?
When the heck did Apple and Google left USA?
> In fact, are there any multinationals left in high tax countries?
I think you're confusing where the headquarters are located with presence in a market
If yu're seriously saying that Apple or Goole have left USA and the EU you're really don't know what we're talking about
and servers are now homed deep under the sea.
If there's any problem with taxation any country can order its banks to not process payments to Google/Facebook. Tax authorities don't give a shit who hosts the citizenry's family photos. That's not what "operating in" a country means.
I would like how they do businesses, including Amazon and Apple if they leave the EU because the way you see it is totally wrong.
Starting with data protection directives and following with dealing with VAT, and EU customers