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Living Room / Re: Microsoft may be after-taxed $1 Billion by Denmark
« Last post by 40hz on March 04, 2013, 06:36 AM »I guess Denmark has unique tax laws?
Buying a business and transferring its legal address to some other country purely for tax purposes has been a standard operating procedure used by global corporations (and not just US-based ones) for about the last 40 years.
Be interesting to see how they pursue this case. And under which legal system they'd file it. Jurisdiction and venue is always a tricky thing when dealing with multinationals. I'm guessing about the only thing this will result in is Microsoft pulling Navision development out of Denmark; and (purely for PR purposes) negotiating something (but certainly not $1 billion) with Denmark if they feel it will work to their advantage long-term.
Oh well...I wish Denmark good luck with this one.
Buying a business and transferring its legal address to some other country purely for tax purposes has been a standard operating procedure used by global corporations (and not just US-based ones) for about the last 40 years.
Be interesting to see how they pursue this case. And under which legal system they'd file it. Jurisdiction and venue is always a tricky thing when dealing with multinationals. I'm guessing about the only thing this will result in is Microsoft pulling Navision development out of Denmark; and (purely for PR purposes) negotiating something (but certainly not $1 billion) with Denmark if they feel it will work to their advantage long-term.
Oh well...I wish Denmark good luck with this one.


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