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If they are making similar use of tax evasion techniques then, yes [0].

Too many people here act like this is something specifically aimed at US companies, when in reality it's not. US companies just happen to be affected the most by it due to their dominance in this particular business sector.

But this is something that has been long overdue and was bound to happen regardless of who was dominating that sector.

[0] https://ec.europa.eu/taxation_customs/sites/taxation/files/p...



It's aimed at companies incorporated in the EU. If a US company decided to incorporate a subsidiary in the EU to get tax breaks and other benefits, then it makes little sense (to me, at least) to complain about US companies being targeted. Some US companies specifically decided to structure themselves to be EU companies in name (and tax status) -- so from a practical perspective they are EU companies. You can't have it both ways.

(Not to mention this will affect companies like SAP and Spotify, which are real EU companies.)




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