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Re:Who owns the German DAX? [pdf] by JumpCrisscross on Tuesday June 22, 2021 @08:50AM (#27590973)
> surplus exists only because the biggest digital companies (Google, MS, IBM, FB, ...) are not counted for in the USA-German trade balance

Do these transactions result in uncounted dollars flowing back to the U.S.?

Re:Who owns the German DAX? [pdf] by tut-urut-utut on Tuesday June 22, 2021 @09:08AM (#27591113)
> Do these transactions result in uncounted dollars flowing back to the U.S.?

Yes, but not directly. Unless you count that all those profits are actually trade surplus with Ireland, Luxembourg and other tax heavens, and not with Germany, France and other countries where those "digital goods and services" are sold.

Re:Who owns the German DAX? [pdf] by merb on Tuesday June 22, 2021 @06:41PM (#27598221)
well isn't most money these internet companies do, put into offshore markets, so neither positive for the us and the eu?