Re:Facebook tax court trial begins over Ireland offshore deal
by harryh on Wednesday February 19, 2020 @12:22PM
(#22367656)
Those things are true, but not really the point.
1) The entire issue here is about international revenue not US revenue.
2) Your second point is true but this IP was then sold to a subsidiary. The dispute is about the price paid in this sale, not about the origin of the IP.
Re:Facebook tax court trial begins over Ireland offshore deal
by speleding on Wednesday February 19, 2020 @12:15PM
(#22367589)
> Except Facebook makes most of its money from US users not from international users.
Source? 96.75% of the world population is outside the US, of Facebook users it will be a smaller percentage, but it seems highly unlikely that most of the revenue will come from such a narrow base.
Re:Facebook tax court trial begins over Ireland offshore deal
by luckylion on Wednesday February 19, 2020 @12:31PM
(#22367746)
What a weird way to approach that claim. The population inside or outside the USA plays a tiny role. a) China and Russia aren't involved, so strike 2bn from that b) it's not about people "existing", it's about people being a customer (or product, whatever view you prefer), facebook is obviously more widespread in a first world, high tech society where practically everyone has a smartphone than in some thirld world country where electricity is rare and unstable and c) revenue per user. statista [1] claims it's much, much higher than in the rest of the world. With that coming in at a 3:1 or 4:1 or even 5:1, that alone would make the US a heavy weight in revenue.
[1] https://www.statista.com/statistics/251328/facebooks-average...
Also hard to argue that their campus that houses the majority of their employees in the US isn’t the one generating the IP.