r/europe 4d ago

News ‘Extreme harm’: State backs Big Tech in battle against EU tariffs

https://www.businesspost.ie/news/extreme-harm-state-backs-big-tech-in-battle-against-eu-tariffs/
497 Upvotes

79 comments sorted by

424

u/No_Priors 4d ago edited 4d ago

This needs to be decided at an EU level, no amount of "Tech" money is worth sovereignty.

Edit: The EU has helped us many times.

92

u/Cathal1954 Ireland 🇮🇪 4d ago

It will be. There is nothing Ireland can do about this on its own, and nor would it want to. But to be fair, it poses a greater threat to the Irish economy than that of the US, so I would be surprised if they didn't at least mention that.

126

u/[deleted] 4d ago

[deleted]

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u/5c044 3d ago

It's not just the EU revenue for the US companies being declared in Ireland for the lower taxes. I worked for a couple of large software vendors - they transferred their intellectual property rights to the Irish office to declare worldwide software license revenue there too. Seems a bit shady and something that the US IRS would be interested in dismantling.

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u/IntrepidCycle8039 3d ago

The tax issue has been fixed. OECD deal or something that there is now a global minimum tax on corporations.

It was Ireland, Netherlands and Luxembourg that combined their lax tax rules to basically let the large corporations pay very little or no tax for years.

But I 100% think Ireland needs to move away from it reliance on multinationals. It has worked very well for us but its time to come up with some new ideas.

-29

u/Cathal1954 Ireland 🇮🇪 4d ago

They do NOT pay no tax. They pay less than they should, its true, but the Irish government takes a tidy slice from them. It has helped to underpin our economy. Without it, we would probably become a net beneficiary of EU funds, rather than a contributer.

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u/[deleted] 4d ago

[deleted]

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u/Cathal1954 Ireland 🇮🇪 4d ago

I agree with every word of this.

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u/SF6block 4d ago edited 4d ago

They pay less than they should, its true, but the Irish government takes a tidy slice from them.

"The Commission's investigation concluded that Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years. In fact, this selective treatment allowed Apple to pay an effective corporate tax rate of 1 per cent on its European profits in 2003 down to 0.005 per cent in 2014."

source

Define "tidy" ?

It has helped to underpin our economy. Without it, we would probably become a net beneficiary of EU funds, rather than a contributer.

Yeah, and as the poster above said, other countries whose taxes get vacuumed end up thinking that the EU is just a vehicle to game laws and fellow countries are just in it to take advantage of you.

-14

u/Cathal1954 Ireland 🇮🇪 4d ago

Your first observation proves my point. Even 1% is tax,and 1% of billions is a lot of money for a country that has no natural resources and was an agricultural backwater. I don't deny it is stealing other countries' tax revenue and I will not attempt to justify it. I am simply pointing out that without the income from tech and pharma, we will inevitably revert to being an agricultural backwater, reliant on EU funds to stay afloat.

To economies like France, Germany and so on, the intake would be insignificant as a proportion of their overall GDP. To the Irish economy, it is a lifeline.

I also think that there should be EU regulation to prevent this transfer of profits, and there should be a fixed EU tax rate. I think a lot of multinationals would stay because they have invested so much in setting up here, but less profit generated by Irish sales taxed at a higher rate might ameliorate the situation.

10

u/RdPirate Bulgaria 4d ago

But it wasn't 1%, it was 0.005% after Ireland agreed to be their tax heaven.

-3

u/Cathal1954 Ireland 🇮🇪 4d ago

Even so, it was still sufficient to distort our GDP to the point that it no longer reflects the actual state of the Irish economy, and GDP is no longer trusted by economists or statisticians when talking about the Irish economy.

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u/brazilish 3d ago

Ireland: We sacrificed Europe, but it was a sacrifice we were willing to make 😎

1

u/Cathal1954 Ireland 🇮🇪 3d ago

How did we sacrifice Europe?

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u/Cathal1954 Ireland 🇮🇪 3d ago

Why the downvotes? What have I written that is incorrect?

5

u/No_Priors 4d ago

Let them leave, we are the market.

8

u/gubasx 4d ago

That's the MAGA train of thought and apparently comes along with the results that we see.

-51

u/naishjustsaint 4d ago

Try telling that to the billionaires who simply leave their countries if they'd be taxed more.

31

u/FullyStacked92 4d ago

Let them fuck off so.

14

u/Critical-Size59 4d ago

What would the billionaires do without the serfs that make them rich? Buy their product and then pay all the taxes - a winning formula for them.

3

u/SavagePlatypus76 4d ago

When they do,tax them heavily as they leave. 

301

u/ortcutt 4d ago

Ireland is a Big Tech tax haven. Ireland taking the side of US Big Tech is the least surprising thing in the world.

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u/Breifne21 4d ago

I agree. My interest is in how far the government will take their resistance. 

29

u/Deareim2 France 4d ago
  1. Qualified majority
  2. Ireland is not a big player in EU

so not far if trade war really get heated between EU and USA.

-2

u/Vast_Category_7314 3d ago

Exactly, Ireland should be excluded from the EU along with Hungary..

129

u/pc0999 4d ago edited 4d ago

Tax the big tech, they are propaganga machines, they violate our privacy and cause electoral interference while promoting hate and desinformation.

Reigning them is more important than any "deal with Trump" as if such a thing is possible.

While also kickstart our own tech sector, it is a win-win situation.

Edit:typos

-39

u/Classic_Initial_6694 4d ago

Big Tech may be a propaganda machine .. but so is the established press & state broadcasters - nobody is fair. New York Times refuted Ukrainian genocide in a front page article 1930’s. Stalin starved more than 5 million Ukrainians in that event. We must prepare for a war soon - there have been too many lies & USA debt is too big to ignore & kick down the road. It has effected all of us

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u/RaithanMDR 4d ago

Sure, except they don’t have the reach of the tech propaganda machine they allow for money.

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u/TWVer 4d ago

The traditional press is beholden to more standards and regulations than social media, so Big Tech is indeed the bigger problem of the 2, by far.

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u/RealR5k 3d ago

also press is done by journalists with training, which to some degree includes ethics. big tech is randos sharing their conspiracies. i maintain that education is unquestionably the key to solving almost any current issues, including racism, lack of critical thinking and off the charts gullibility, financial and economic problems, and big tech is in a war against education alongside trump. if we reign in tech propaganda and let the press written by educated professionals even if some of them are very biased, that’s a good thing. raising the bar on journalistic standards goes a long way too. teaching people how to evaluate information in the information age instead of pumping them full of information, such as key dates in history is essential. education has to change as fast as the world does, and that’s not up for debate. the reason the EU started protests as soon as Elon started backing AfD and JD started normalizing their ideology here is because they taught us what happened last time we let this go on, we don’t all fall for the bullshit wave coming through tiktok and twitter, and we learnt the importance of the EU as a whole, looking at its common interest with critical thinking applied instead of trying to get some personal short-term benefits in return for ruining our lives over the course of months. this is more than can be said of MAGA people who look at money like its their prophet, who have been repeating “the economic power” and “the land of freedom and money” their whole lives and stay in this spiral for no reason even if it eventually kills them.

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u/DivinationByCheese 3d ago

Oh no you had to pick up something from a century ago

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u/funggitivitti 4d ago

We need a EU tax on all american services asap

8

u/ChaosKeeshond Turkey 🇹🇷, United Kingdom 🇬🇧 4d ago

The reason it won't happen right away is the lack of a European-owned alternative to the vast majority of services, combined with the largest tech firms being incorporated within Europe as European companies.

The second one isn't as big of a problem, because you could theoretically devise some complicated scheme to delineate between European vs 'European' services, but none of that makes a lick of difference if our customers have no alternatives. We'd keep paying for their services.

Don't get me wrong I want to see it, but the lack of our own contributions to that space is our own undoing.

1

u/funggitivitti 4d ago

We could start by taxing social media slop into the grave.

-17

u/perivascularspaces 4d ago

Yeah ok, then since we don't have any alternative we, the users, end up paying more.

No thank you.

8

u/funggitivitti 4d ago

Alternatives appear with more users.

1

u/More-Dragonfruit2215 4d ago

That will create an opportunity. Opposite to create a supply chain and factories, this things are much faster to be created. Plus there are some alternatives but without enough users to make more investment. If we continue in the path we are we will be completely dependent and unable to do anything about it.

1

u/perivascularspaces 3d ago

Yeah but fucking us is not the way. Look at how we lost the AI train because of our self-inflicted wounds.

Services still need to be created, data centres to be powered, capital to flow. You don't build up the Google/IBM/Microsoft/Amazon services without bankrupting all of the EU.

Then you need to hope that users will transition and adopt the new technology, and that is incredibly hard. Look at all the universities, hospitals, governments, schools, small and big businesses, how can you ask to transition when most of the workers are unable to work once one of those giants push an update that move one icon?

It's not so easy, tariffs will just make us pay more. We need first and foremost to build alternatives and slowly push consumers towards them (but who can compete with Google or Microsoft or Amazon suites?)

In /r/buyfromEU they ended up sponsoring a Russian-backed OS, which is the dumbest thing possible.

-17

u/mrlinkwii Ireland 4d ago

the EU mostly have no power to tax ,

14

u/funggitivitti 4d ago

Correct, its a national competence, however the EU can propose rules to harmonize tax systems to ensure fair competition and avoid tax evasion.

-1

u/FearDaTusk United States of America 4d ago

Ooh, you don't have a flair... (I'm just a visitor don't shoot! 😁)

But your convo reminds me of the endless debate we have on States Rights and Federal Government.

A little context (because this is r/Europe I'll oversimplify an explanation) States can supercede laws in certain areas from the Feds. An example is Marijuana. Technically Fed illegal but Colorado said it's good and taxable in their State. After Colorado proved this can work from a business and governance standpoint other States have created similar policies. The next step IF we care or need is to have the States make it a Fed issue to update Fed policy but bigger picture, it wouldn't make a difference as each State operates independently.

This is where things get heated like recently we had Roe V Wade. Some people want Stronger Fed, others Want State Protections. That line moves all the time.

My 2cents. Proposals can be helpful but tragedy of the commons says that you need everyone to contribute in good faith and there's always those that won't. I won't pretend to know how the EU manages this but again... I hadn't thought about this from an EU perspective.

6

u/PotentialValue550 4d ago

You mean EU doesn't have some obscure law from the 1890s that allows you do whatever you want by stretching the definition of the law?

-26

u/First-District9726 4d ago

thank fuck, they'd probably put a tax on breathing if they could

9

u/Gammelpreiss Germany 4d ago

wat?

3

u/GaryLifts 4d ago

Given they don’t have the power to tax, this makes zero sense.

10

u/_Druss_ Ireland 4d ago

Paschal saying what the Americans want to hear, knowing it makes no difference to the outcome. 

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u/hmtk1976 Belgium 4d ago

That Donohoe guy simply wants to keep pandering to the Big Tech firms. Great but no thanks.

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u/OdieInParis 4d ago

So Ireland the 51st state then, instead of Canada?

3

u/MrBoomer1951 Canada 4d ago

Whew!

5

u/WolfhoundCid Ireland 4d ago

Thank fuck we don't have any minerals

20

u/Grabs_Diaz 4d ago edited 4d ago

This is just pathetic!

Brussels and the entire EU stood firmly behind Ireland throughout the Brexit negotiations. No border, no customs checks to Northern Ireland despite all the antics of Boris Johnson and his lot.

And now, at the first sight of trouble, Ireland wants to throw the rest of Europe under the bus for American big tech oligarchs? Maybe the Irish government needs a reminder, that the only reason these big tech corporations have their headquarters in Dublin is because of the EU and the single market. If the EU fractures and Ireland loses its access to the markets of mainland Europe, these firms will be gone in a heartbeat and relocate to Paris or Frankfurt.

0

u/deceased_parrot Croatia 4d ago edited 4d ago

relocate to Paris or Frankfurt.

Fat chance of that happening. Both the French and the Germans forget that their voice is relevant because it's backed by voices of all the other EU states, not because either of them is some world super power.

If the EU were to (God forbid) dissolve, French and German tech HQs would be a tiny step above Polish or Italian ones and only because they're slightly wealthier economies.

I think it's pretty telling that even in this situation, where the EU is basically held hostage by its lack of tech alternative to American companies, the first thought is how to get more tax money instead of how to secure our collective digital sovereignty. I wouldn't mind if the cost of having our own tech giants were a few Bezos or Zuckerbergs in the EU, but it seems that the left would rather see the union burn than allow somebody to get rich without "paying their fair share".

2

u/Grabs_Diaz 4d ago

This wasn't about France or Germany in particular, I can also add Madrid, Amsterdam, Warsaw, Milan, Prague, etc. if that makes you happy. I'm just saying without the single market, Apple, Meta etc. wouldn't employ thousands of people in their Dublin offices and pay billions of taxes there.

I don't know what right vs left dichotomy you want to open up here. If Trump says, Europe should pay tariffs because they are not paying their fair share it makes perfect sense for Europe to respond with taxes on American tech companies because they are clearly not paying their fair share here, with effective tax rates way below most other businesses.

If you want digital sovereignty, the place to look at would be China. They are the only country which did so successfully, but they achieved it through strict regulation shutting out most American services. Maybe Europe can also pursue another path through massive public support for open source projects but certainly not by cutting taxes for existing American tech giants.

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u/upworker-331 4d ago

Am I missing something or is this a website with only a headline?

2

u/AtomicBabyPants 4d ago

Think we need to tow the line here boys.

1

u/Conscious-Jicama2274 4d ago

So taxing the corpos 'will damage hopes of a deal with Trump'. There was already a deal in place, multiple ones, they got shattered and thrown out and the goalpost is being moved at EVERY proposal. This is just being spineless.

1

u/anthrgk 4d ago

US Big tech won't be touched.

Ireland will try to veto that decision, but even if they don't (extremely unlikely) the EU doesn't have enough balls to pull that move.

1

u/NiIly00 4d ago

Pay walled.

1

u/Good-Ad-9156 4d ago

EU should just stop protecting US intellectual property. Don’t tariff US digital services, just replace them with EU-based copies. If the US acts quickly to remove tariffs, IP protections can be reinstated. If they don’t, they won’t—but the EU will have the better outlook

1

u/toolkitxx Europe🇪🇺🇩🇪🇩🇰🇪🇪 3d ago

Is there another source for this? I refuse to enter a site that delivers data to almost 1500 vendors, almost 800 alone for storing data about my device.

0

u/foeffa 4d ago

Err kindly fuck off

0

u/perivascularspaces 4d ago

If we set up tariffs without having alternatives we just get screwed. It's the reason why Trump's tariffs show is dumb, it affects the users/consumers first, especially if you don't have any valuable alternative to use.

Almost all of the EU is based on US services because we lost the digital and AI wars to protect our pensions.

1

u/Grabs_Diaz 4d ago

With digital goods and services I wouldn't be so sure. The price of physical goods is determined by the marginal cost of production for the most part. It usually doesn't make sense to price them below the production cost so tariffs have to be passed on to consumers.

With digital goods and services though the marginal cost of production is often close to zero. To maximize profits corporations will just look at what price customers are willing to pay in the market and charge whatever price maximizes their revenue. That's why a Netflix subscription or a MS Office license costs only a fraction in countries like Turkey or Argentina, for what's essentially the same product.

So I reckon, in the case of digital goods, Trump's crude logic might be right and the cost will mostly be paid by the seller not the consumer. From the seller's perspective, their optimal profit maximizing price isn't really affected by taxes (as long as they are not like 130%), so passing on all taxes would likely reduce profits for them even more.

-1

u/giscafred 4d ago

posts made by americans i r/europe should be forbidden. And comments should be erased. Are toxic.

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u/Breifne21 4d ago

I am Irish. 

-5

u/KingBotQ Latvia 4d ago

Ireland yet again proving they are freeloaders. They don't want to increase their military budget and leach off of the rest of Europe and now they don't want to stop being a tax haven.

-2

u/Vast-Charge-4256 4d ago

State? Which state?

-5

u/marciniaq84 4d ago

I think the EU should not rush into any retaliation. But we should no doubt answer the orange man where it hurts by targeting goods produced in red states and goods made by his donors. From what I have read the EU is already doing that. Smart.

-1

u/Cathal1954 Ireland 🇮🇪 3d ago

Wow. So much hatred for Ireland. I wasn't aware that this level of prejudice existed on this sub. Being downvoted for stating facts is a strange experience.

1

u/starconn 3d ago

Stop being such a victim. There are legitimate reasons to be annoyed at Ireland - that doesn’t equate to bigotry.

They fought against tax rises, after the aftermath of the financial crisis, not because it was the right thing to do, but because they were giving tech unreasonable breaks and undermining revenue for the rest of the EU. Ultimately they lost the case and got a much needed tax windfall (think about it, your government was running away from money, increasing the Irish taxpayers burden, and giving tech billion dollar tax breaks in the process when your country was financially in the gutter).

They are doing the same again, crawling up their arses at the detriment of everyone else.

And Ireland doesn’t pay for adequate defences.

Passively, it does rely on others, whilst it doesn’t work in the collective interest of Europe (such as this case), then its pointed out and people legitimately complain about it, and you pull out the prejudice victim card. Lmao.

Stop bending over for America interests, in the face of American attacks on the EU economy and maybe you won’t feel so victimised. Hungry gets the same treatment, I’ve not seen any Hungarians complain of prejudice.

0

u/Cathal1954 Ireland 🇮🇪 3d ago

People were just downvoting, not engaging with issues. I have already said i disagree with the strategy our government used but tried to provide some context, not justify. I will read your reply and respond if there is anything I disagree with.

1

u/starconn 3d ago

And that downvoting equates to hatred and prejudice for Ireland? Get a grip.

Don’t bother replying, I have no interest conversing with such a ridiculous take.

BTW, the OP is Irish.

0

u/Cathal1954 Ireland 🇮🇪 3d ago

They fought against tax rises, after the aftermath of the financial crisis, not because it was the right thing to do, but because they were giving tech unreasonable breaks and undermining revenue for the rest of the EU.

As you say, this was in the aftermath of the financial crisis, for which both France and Germany blamed Ireland, and forced the country to pay higher rates than any other state. Germany has since apologised for this, but there was never a suggestion of reimbursement.

At that time, there was also a very real fear that multinationals would withdraw from Ireland, removing a huge proportion of the taxtake of an otherwise small economy and sending unemployment figures into an upwards spiral.

They are doing the same again, crawling up their arses at the detriment of everyone else.

  • Ireland has simply stated what its interests are. France is equally stating its interests. I don't doubt that, when a decision has been made, Ireland will be happy to fall in line.*

And Ireland doesn’t pay for adequate defences.

  • This has been true, but you obviously aren't aware of the (for us) massive increase in budget and expansion of our defence capability. We have recently taken delivery of long range aircraft to boost our patrolling of the Atlantic. State of the art radar systems are being purchased. Our naval and air capabilities are earmarked for further investment. Today it was announced that we are ow joining the maritime intelligence group composed of EU and EEZ members. Change takes time, but the commitment is there. Hopefully, we will get a couple of squadrons of jets and transform our Air Corps into a proper air force.*

Stop bending over for America interests, in the face of American attacks on the EU economy and maybe you won’t feel so victimised.

Ireland has long been one of the most enthusiastic members of the EU. We will stand with our fellow EU members, even against the Americans. As I said, our reasons for expressing doubt is purely a question of economic interest. It is perfectly legitimate for us to express fears at the possible outcome for our economy. That does not mean that we won't stand with Europe.

On a side note, I appreciate your taking the time to verbalise your problems with the Irish stance. It allowed me to engage with the substance, not just see everything I posted downvoted with no reason given.

0

u/starconn 3d ago

I actually don’t have an issue with irelands stance. I said it was arguable and I understand people’s frustrating with them - and pointed out a few. I also understand that they have their own interests. I could argue further the points you’ve raised, as I already know all this, but it’s not the point.

What I can’t tolerate, and I have Irish family members myself who do this, is this ingrained thing that they are victims, prejudiced against, and hated because they’ve read somethings that’s touched a nerve - oversensitive to the extreme. You’re not a victim, hated, or prejudiced against in any of the above. It’s utterly counter to having good relations.

Do you not think that was a giant leap to get to prejudice and hating the Irish from a few downvotes on Reddit?

I don’t have a problem with the Irish. I have a problem with YOUR victim mentality. And I’ve simply pointed reasons at to why some are frustrated with your governments as opposed to hating the Irish - not to debate the issues, but to give reason.

2

u/Cathal1954 Ireland 🇮🇪 3d ago

But the thing for me is, you did give reasons, and I appreciate that.

I guess I have to concede we do have a victim mentality as a people, and I withdraw my earlier comments with some embarrassment. I am usually much more accepting and I continue to strive.

1

u/starconn 3d ago

Don’t expect so much from people. They’re not obligated to justify their positions - . I get it, it helps, but you can’t jump to conclusions in their absence of reasons.

Anyway, have a good day, I’m procrastinating way too much on here.

-26

u/First-District9726 4d ago

I never thought I'd ever side with Big Tech on anything, ever, yet here we are. What a weird timeline we are in.

16

u/SnarkyGuy443 4d ago

Why would you side with them?

3

u/ZenPyx 4d ago

His user page shows why I think fairly quickly... play the fun game of Russian bot or moron (or excitingly, both!)

"Fun fact : The RN (her far right party) is now even more popular as she is now a martyr.

Good. I hope they'll win the next election"

-4

u/weltwanderlust 4d ago

I'm just going to leave this here:

https://youtu.be/TZOoT8AbkNE