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this post was submitted on 26 Jun 2024
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Showerthoughts
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I‘m not sure how GDP is measured for an international company such as Google. Does the entire Revenue count cos the HQ sits in the US? Or is the license fees that it pays to Bahama‘s (in order to avoid taxes) is substracted from the US GDP? Does somebody know how that is measured?
Unless it's the sale of a product or service or the wage earnings or someone who worked on a product or service, it doesn't contribute to GDP, if country A made product X, it being sold in country B contributes to A's GDP