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inanothertimetoday at 1:28 PM5 repliesview on HN

National sovereignty is not national pride. Paying company taxes to the 28th regime evicts tax contributions to the company's home nation. Massive German tax money is already today used for non-national interests. EU-inc makes this only worse.


Replies

prasoon2211today at 1:53 PM

This is incorrect. Taxes, pensions and labour laws apply according to the country where the EU Inc is operating.

jcattletoday at 1:39 PM

National sovereignty in Europe is not possible without international collaboration.

matesztoday at 2:04 PM

I don't understand the tax objection. The 28th regime changes corporate law, not fiscal law. A Berlin-based "EU-Inc" still pays full taxes (Körperschaftsteuer, Gewerbesteuer, etc.) to the local Finanzamt. It isn't a disembodied tax haven - it just standardizes the legal wrapper.

You are right that this threatens the status quo, though. If this works, founders based in Germany will likely abandon the GmbH. That will require swallowing some national pride and admitting that the current system is simply a less efficient, less competitive legal form for high-growth companies.

One thing I think is also worth mentioning are labor rights. I am not arguing against the German model of employee protection. Mitbestimmung could be viewed as a good thing, even if it will mean less power to the VC and / or founders. And frankly, I don't care if the consensus forces strict, German-style Mitbestimmung on the EU-Inc. Stricter form of EU-INC is still vastly better than nothing at all.

Asianometry has a great video on the labor rights in germany btw - https://www.youtube.com/watch?v=K0teMtLT9XI).

tietjenstoday at 1:41 PM

> Massive German tax money is already today used for non-national interests.

Please elaborate. You're complaining that DE tax funds go to the EU? Very curious what you're talking about and your rational.

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psychoslavetoday at 1:46 PM

National sovereignty, like "we are able to feed people with food grown on our soils?"

Mercosur anyone?

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