Re:German court rules Facebook use of personal data illegal
by tobltobs on Monday February 12, 2018 @04:03PM
(#16362126)
FB can stop to have a corporate presence in the EU.
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Re:German court rules Facebook use of personal data illegal
by Tomte on Monday February 12, 2018 @04:34PM
(#16362454)
I hope there's a mechanism to arrest Facebook officers on business trips or vacation to EU countries and compel them to cough up the money.
Re:German court rules Facebook use of personal data illegal
by wtfstatists on Monday February 12, 2018 @05:41PM
(#16363053)
I see so now are literally extorting.
Re:German court rules Facebook use of personal data illegal
by TomMarius on Monday February 12, 2018 @04:05PM
(#16362143)
I hope they do. That will mean a lot of lost tax money for the EU (I'm EU citizen btw).
Re:German court rules Facebook use of personal data illegal
by tobltobs on Monday February 12, 2018 @04:13PM
(#16362216)
It will only hit Ireland. Thanks to some trickery they only pay 0.03% taxes on their revenue in other EU countries. Wont be a big loss.
Re:German court rules Facebook use of personal data illegal
by TomMarius on Monday February 12, 2018 @04:16PM
(#16362245)
Not true anymore (changed last year after the new VAT laws)
Re:German court rules Facebook use of personal data illegal
by tobltobs on Monday February 12, 2018 @04:26PM
(#16362362)
The Irish double doesn't have anything to do with VAT.
And the Irish double was replaced with the "Single Malt".
It would be a loss for Ireland and Malta, still not a big loss.
Re:German court rules Facebook use of personal data illegal
by TomMarius on Monday February 12, 2018 @04:40PM
(#16362522)
Most of the tax income EU has from FB is VAT and since they now have to distribute the money to the place where the customer is, it means that all EU countries will be affected.