this post was submitted on 26 Aug 2025
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3% may not sound much but this is on revenue, not profit.

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[–] skisnow@lemmy.ca 33 points 1 week ago

companies whose global revenues exceed €750 million, effectively targeting larger U.S. tech companies

For me the brass-neckedness of this is that as soon as it comes to tax, all the big "U.S." companies are actually Irish, Bermudan and Caymanian companies.