posted in Technology
US tech giants warn Europe that ditching US tech giants could cost €115B
www.theregister.com/paas-and-iaas/2026/10/14/us-tech-giants-warn-europe-that-ditching-us-tech-giants-could-cost-115b/5303031🥱2
Replying to @JensSpahnpasta@feddit.org
“Luxembourg would apparently take the biggest hit, with the study putting the cost at €1,711 per worker over ten years. Denmark (€905), Austria (€900), and Finland (€864) also face hefty bills, as does Ireland (€856)”
So… the countries where hyperscalers avoid tax will no longer have hyperscalers avoiding tax in it. And somehow that’s framed as a bad thing?