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This is a very interesting subject. Countries in the EU have competed to provide a better business environment to foreign companies. Eire has gone for the 10% c
by wendroid 17y ago
This is a very interesting subject. Countries in the EU have competed to provide a better business environment to foreign companies. Eire has gone for the 10% corporation tax break. Other EU countries are threatening the companies with sanction. Witness the recent story concerning Google's UK tax bill:
http://www.timesonline.co.uk/tol/news/uk/article6122329.ece http://www.timesonline.co.uk/tol/news/uk/article6122329.ece
Google avoids £100m UK tax
"The website hailed as a ‘paragon’ is accused of adding to the public’s burden."
Google's advertising first, then Facebook's (er, pardon - Livre de Visage's), then Reddit's (LuLui's) self service ads.
To then dish it out to non-profitable ventures is astonishing, it's like the levy I had to pay on C60 tapes to save my programs, or the levy in some countries on blank CDs and DVDs that goes into the publishing pot.
Then again, I get money from the Lottery Fund and I've never bought a ticket so I should shut up :)