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relistan | 10 months ago

In Tiktok's case it's because the revenue is actually flowing through Ireland.

EDIT: here's more about the general mechanism I'm referring to https://archive.is/0hcAK

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AlchemistCamp|10 months ago

One of TikTok’s largest markets is Japan. Their shop revenues in particular, doubled in Japan last year. Those earnings are taxed locally and have nothing to do with Ireland.

relistan|10 months ago

I suggest reading the link I posted.