A new study finds that Palantir, which boasts of high profit margins in the U.S., barely scrapes a margin in Europe, which helps slash its tax bill.

The U.S.-based data crunching firm is deeply embedded in the most sensitive European workflows, from policing to intelligence to health care. Finding alternatives won’t be easy.

A new study finds that Palantir, which boasts of high profit margins in the U.S., barely scrapes a margin in Europe, which helps slash its tax bill.