The EU is said to be investigating yet another US internet company about its tax affairs. Doubtless the company considers it is acting perfectly legally. The problem seems to be with the EU in fostering a discriminatory tax regime. The EU does so much to be favourable to US companies wanting a “no pay or low pay” tax system that the burden is then aggressively put onto EU business to make-up the shortfall.
Tax Barrister, Accountant