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
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
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