Comment Re:Does a bear do something in the woods? (Score 1) 53
The EU solution is for them to pay corporation tax based on where their revenue actually comes from, hence the requirement to release a country-by-country compliance report. If 10% of their profit comes from France, they can pay corporation tax on 10% of their global profits to France, regardless of any bullshit subsidiary franchise fees and other crap they have in place.
If you were not aware a common trick they use is to make the national subsidiary pay crippling licencing fees to the parent Irish company to use their branding, which means that the subsidiary ends up making almost zero profit, and corporation tax is only paid on profits.