davzie parent
I was absolute fuming when I got my letter from them demanding I pay them money. I knew I was closing my company down in the coming years and ignored them in the end. It's crazy this is allowed to be honest.
Well, that's what you get if you lower taxes on businesses. Otherwise some brick and mortar shop might rightfully complain why do I have to pay taxes for regulating companies that ruin my business.
Is it public knowledge how much FAANG companies pay?
>Is it public knowledge how much FAANG companies pay?
The highest tier of fee is £2,900 per year, but you're looking at the wrong regulator - major tech companies invariably use Ireland or Luxembourg as their European headquarters, so most or all of their data processing activities (and subsequent investigation or enforcement) would take place under that jurisdiction.
That's of course far too cheap for FAANG companies.
Doesn't the Ireland trick (mainly for tax evasion) only work for the EU market? I'd assume after Brexit the UK would require local presence?
>I'd assume after Brexit the UK would require local presence?
The UK copied the GDPR wholesale, the EU accepted a reciprocal arrangement based on this, so Brexit hasn't materially changed the situation.
https://ico.org.uk/for-organisations/data-protection-and-the...
What did they allege?
Yeah, when I got the ICO fee extortion letter, they were put in my total scam category. Even when I realised they had some actual official purpose in collecting fees, I still viewed them as a scam, so they have a PR issue more than anything.