Facebook tax court trial begins over Ireland offshore deal
Surely this is more about political coercion than tax? Amongst all US companies that offshore profits, including the likes of Halliburton, Facebook has been singled out because the US administration wants the company to do it's bidding regarding policy and algorithms for political advertising? Especially considering all the other political reprisals and pardons that are in the news, following the impeachment acquittal. I expect this story to quietly disappear, or some mild fine to result, followed by a not-so-mysterious tweak to how political advertising is handled on the platform. I don't expect it reduce large corporation tax evasion as much as people are crowing here.