I hope there's a mechanism to arrest Facebook officers on business trips or vacation to EU countries and compel them to cough up the money.
I see so now are literally extorting.
I hope they do. That will mean a lot of lost tax money for the EU (I'm EU citizen btw).
It will only hit Ireland. Thanks to some trickery they only pay 0.03% taxes on their revenue in other EU countries. Wont be a big loss.
Not true anymore (changed last year after the new VAT laws)
The Irish double doesn't have anything to do with VAT.
And the Irish double was replaced with the "Single Malt".
It would be a loss for Ireland and Malta, still not a big loss.
Most of the tax income EU has from FB is VAT and since they now have to distribute the money to the place where the customer is, it means that all EU countries will be affected.
A lot would be before tax optimization not after ;)
Not true anymore since the VAT laws changed last year