6 pointsby giuliomagnifico4 hours ago1 comment
  • giuliomagnifico4 hours ago
    Nothing new but now it’s certified/exposed:

    > Microsoft said it had generated almost 40 percent of its pretax income in tax-friendly Ireland, where it employed about 3 percent of its global work force. In higher-tax Germany, the largest economy in Europe, Microsoft earned barely half of 1 percent of its global profits, it said. Excluding Ireland, the company said, it generated less than 2 percent of its worldwide pretax earnings in Europe.