Estonia President Says a Lack of 'Special Conditions' for Tech Giants Has Allowed Local Start-Ups to Thrive - NewsBreak
By Tarikul in Business
Updated 3 years ago
President Kersti Kaljulaid said multinationals have traditionally set up their overseas headquarters in countries with generous tax systems, adding that Estonia has never been a tax haven. Facebook, Google and Apple all employ thousands of people at their European headquarters in Ireland, where corporation tax is 12.5%. In Estonia, it's...