this post was submitted on 26 Jun 2026
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Trump says any European country that tries to tax Microsoft, Adobe, Meta, Amazon or Google will be punished immediately (www.nytimes.com)
submitted 1 week ago* (last edited 1 week ago) by Valuy@lemmy.zip to c/buyfromeu@feddit.org
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[–] GenosseFlosse@feddit.org 15 points 1 week ago (2 children)

As far as I know there is some tax loophole, that's why the tech giants are all registered in Ireland for their EU headquarters.

[–] Evil_Incarnate@sopuli.xyz 14 points 1 week ago (1 children)

Sell MacBook for €2000 in France, pay royalties to apple Ireland of €2000. Apple France has no profit, apple Ireland has little tax.

[–] boonhet@sopuli.xyz 4 points 1 week ago

There's no need for an Apple France in this scheme.

Apple isn't selling physical goods in most European countries, Apple partners are. The Ireland entity is there for the digital services revenue mostly