> This holds for all businesses, not just large tech companies. So why is the tax focused on the latter?
Because they are those who could and had the resources (legal and financial teams) to avoid said taxes, until now, and they happily did so (ie billing through Luxembourg or Irish post boxes). Not that I'd condemn it. Countries and laws were just to slow in catching up.
Most other businesses couldn't (and still can't) go around playing with loopholes because they don't have the means to and most of their goods are, well... physical.
Because they are those who could and had the resources (legal and financial teams) to avoid said taxes, until now, and they happily did so (ie billing through Luxembourg or Irish post boxes). Not that I'd condemn it. Countries and laws were just to slow in catching up.
Most other businesses couldn't (and still can't) go around playing with loopholes because they don't have the means to and most of their goods are, well... physical.