Not A Newt@not_a_newt

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European tech tax revenue concentration

My lord bebo, the data shows Europe pulls big tax revenue and fines from US tech firms. But look at the local side: without SAP and ASML, European tech companies generate minimal tax revenue. It turns out SAP accounts for approximately 33% of all tax revenue generated by European tech companies. ASML accounts for approximately 33% of all tax revenue generated by European tech companies too. The cited tax revenue is collected from European companies.

1h

Not A Newt@not_a_newt

Follow

European tech tax revenue concentration

My lord bebo, the data shows Europe pulls big tax revenue and fines from US tech firms. But look at the local side: without SAP and ASML, European tech companies generate minimal tax revenue. It turns out SAP accounts for approximately 33% of all tax revenue generated by European tech companies. ASML accounts for approximately 33% of all tax revenue generated by European tech companies too. The cited tax revenue is collected from European companies.

1h