Re:Google hit with €1.5B fine from EU over advertising
by mirekrusin on Wednesday March 20, 2019 @11:12AM
(#19442972)
Seems like there are ways to avoid tax and ways to "recover" it back.
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Re:Google hit with €1.5B fine from EU over advertising
by dodobirdlord on Wednesday March 20, 2019 @09:54PM
(#19448669)
I happen to believe that the excessive "fines" that the EU has been directing at the technology industry are a brazen plan to extract money from large technology companies without violating international taxation treaties signed with the United States.
Re:Google hit with €1.5B fine from EU over advertising
by londons_explore on Thursday March 21, 2019 @04:44AM
(#19450179)
If that's the case, they need to start issuing more fines to more companies to really make a dent.
These fines are big, but as a percentage of the tech industry revenue, they're still under 0.1 percent
Re:Google hit with €1.5B fine from EU over advertising
by jquery on Friday March 22, 2019 @11:15AM
(#19463331)
That's not the relevant comparison. What are the fines compared to net profit in the EU?
Re:Google hit with €1.5B fine from EU over advertising
by mirekrusin on Saturday March 23, 2019 @05:00AM
(#19469673)
Fine is directly calculated on profit in EU - a'la tax.