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A comment on Facebook tax court trial begins over Ireland offshore deal. Parent comment

Re:Facebook tax court trial begins over Ireland offshore deal by andrewprock on Wednesday February 19, 2020 @01:28PM (#22368438)
This literally sounds like apples and apples to me, unless you really think "cloud computing" occurs in space or something. If the servers are in Ireland, then their physical assets are offshore.
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Re:Facebook tax court trial begins over Ireland offshore deal by ahouse101 on Wednesday February 19, 2020 @01:33PM (#22368484)
Except, the vast majority of Facebook's servers aren't in Ireland. They couldn't be for the platform to work. There is a datacenter in Ireland, but there are 11 datacenters in the US. I guarantee the majority of data and compute power is in those US datacenters.
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Re:Facebook tax court trial begins over Ireland offshore deal by JumpCrisscross on Wednesday February 19, 2020 @01:31PM (#22368468)
> If the servers are in Ireland, then their physical assets are offshore

This is correct. But the fraction of assets which are physical are high for Halliburton and low for Facebook.

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Re:Facebook tax court trial begins over Ireland offshore deal by andrewprock on Thursday February 20, 2020 @10:07AM (#22375538)
Data is a physical asset. I'm pretty sure that is their largest asset class.
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