Why Tech Giants Pay Almost No Tax in Europe
July 13, 2025 · Frisian News
American tech companies use legal structures across Europe to shift profits to low-tax jurisdictions, costing governments billions while local businesses pay full rates. Despite years of European pressure and new global tax rules, the loopholes remain largely open.
Local restaurants and plumbers cannot move their profits to the Cayman Islands. They pay tax where they work. Tech firms can route earnings through Cyprus, book deals in Ireland, and pay dividends in Singapore, all while serving customers in Berlin and Amsterdam. The system rewards scale and complexity over honest dealing. Until Europe forces real teeth into its rules, that advantage will not shrink.
Lokale restourants en loodgieters kinne harren winsten net nei 'e Kaaimâneilannen ferskutsje. Se betelje belesting dêr't se wurkje. Techfirma's kinne ynkoarsten troch Ierlân leiden, dielsakens yn Ierlân boekje en dividend yn Singapore betelje, alles terwyl se klanten yn Berlijn en Amsterdam tsjinje. It systeem beloant skaal en kompleksiteit boppe earlik hânsjoe. Oant Europa ware tosken yn syn regels ynbringt, sil dat foarpark net krympe.
Published July 13, 2025 · Frisian News · Ljouwert, Fryslân