The tax dilemma of the EU's tech industry is becoming increasingly apparent. The data is clear: in 2024, the total corporate income tax paid by publicly listed tech companies in the EU was only 3.2 billion euros. In the same year? The EU issued fines of up to 3.8 billion euros to American tech companies—directly exceeding the entire EU tech industry's total tax revenue. Even more heartbreaking is that if domestic giants like SAP decide to relocate to the US, the EU would lose not just tax revenue but the entire industry ecosystem. This unequal regulatory pressure and tax environment disparity are driving European tech talent and companies to move to the US.