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They should charge executives Irish income taxes if they pull that off. (While Ireland's corporate taxes are low, their personal taxes are ~59% over ~100k, and
by wiredfool 11y ago
They should charge executives Irish income taxes if they pull that off.
(While Ireland's corporate taxes are low, their personal taxes are ~59% over ~100k, and that _includes_ capital gains, and a lot of things that are tax advantaged in the states)
- talideon 11y agoThe loophole[1] regarding tax residency allowing a company to be effectively stateless was closed a while back. That was one of the things being exploited in this. The net effect, however, was that the companies in question just started using the Caymans and other similar jurisdictions. [1] This explains the loophole that was closed: http://www.pearse-trust.ie/blog/bid/102942/Changes-To-Irish-Corporate-Tax-Residence http://www.pearse-trust.ie/blog/bid/102942/Changes-To-Irish-...
- deleted 11y ago[deleted]