Economy

Why Tech Giants Pay Almost No Tax in Europe

Wêrom techgiganten hast gjin belesting betelje yn Jeropa

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.

English

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.

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Read this story in Frysk

Frysk

Lokale restaurants en ambachtslju kinne harren winsten net nei de Kaaimaneilânnen ferskowe. Se betelje belesting dêr't se wurkje. Techfirma's kinne ynkomsten fia Syprus liede, deals yn Ierlân boeke en dividend yn Singapoer betelje, allegear wylst se klanten yn Berlyn en Amsterdam betsjinje. It systeem beloanet skaal en kompleksiteit boppe earlik hanneljen. Oant Jeropa echte tosken yn syn regels ynbringt, sil dat foardiel net ôfnimme.

Published July 13, 2025 · Frisian News