๐คฏ EU's Tech Tax Nightmare Unveiled!
The EU is bleeding revenue and relying on punishing US tech giants to stay afloat. Public European tech firms coughed up a measly โฌ3.2B in income tax in 2024. Meanwhile, fines slapped on American companies totaled a shocking โฌ3.8B โ more than the entire tax contribution from all of Europeโs public tech sector combined!
Imagine if SAP decided to relocate to the USโฆ the EU would lose roughly 50% of its current tech tax income. ๐ฑ Theyโre essentially funding themselves with penalties! This isnโt sustainable. $DCR $AT is watching closely as this unfolds. The implications for $ETH and the broader crypto landscape are huge โ regulatory pressure will only intensify. Don't get caught sleeping on this.
#EUTax #TechNews #CryptoRegulation #Taxation ๐
