That's one way of saying "Europe is full of nations who provide unethical tax shelters for businesses (while criticizing any nation that doesn't provide their level of social programs), so they can regulate and fine and fill their coffers with money from businesses all over the world." But yeah, blame it on the companies that take advantage of the tax shelters EU nations choose to provide and the EU chooses to allow.

Maybe our definitions of "Tax shelters" are a bit different, but I think of Cayman Islands or Bermuda when I hear that, and Netherlands is not like that in the context of Europe. Probably Ireland is the closest you get, so would have been a much better example.

The Dutch Innovation Box regime provides a lower effective tax rate (7% as of 2024) on profits derived from qualifying intellectual property, such as patents and software. For companies like Uber, which rely heavily on proprietary technology, this can significantly reduce their overall tax burden on profits derived from IP.

The participation exemption in the Netherlands allows companies to receive dividends and capital gains from qualifying foreign subsidiaries free from Dutch corporate tax. This is particularly beneficial for multinational corporations with substantial foreign operations, as it prevents profits from being taxed multiple times as they move up through the corporate structure.

The Netherlands is a popular location for holding companies due to its favorable tax regime for holding and managing subsidiaries. The combination of participation exemptions, tax treaties, and rulings makes it ideal for structuring complex international operations.

So... a nation like the Netherlands optimizes their tax laws such that it's advantageous for businesses that are otherwise completely unrelated to their nation to HQ in their nation to avoid their proper tax burdens in the country they were started in and operate in much more significantly, for the benefit of the Netherlands getting additional tax revenue and to the detriment of other nations who would otherwise be able to tax that business.

Some people might call that a "tax shelter." Since it you know, benefits Uber, benefits the Netherlands, at the detriment of the nation(s) that Uber operates in...