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" if there's no tax rate competition" The point is, these executives are not living in Ireland or Panama but in the valley or some highly developed country in
by Ontheflyflyfly 10y ago
" if there's no tax rate competition"
The point is, these executives are not living in Ireland or Panama but in the valley or some highly developed country in Europe. So while the enjoy the benefits of those countries, the want to avoid paying taxes.
No one has anything against people who want to enjoy Irish tax laws who move to Ireland. Or people who want to have a company in Panama to move to Panama.
- icebraining 10y agoThat's a novel position. So US companies, whose executives presumably live in the US, shouldn't open an EU subsidiary, and vice-versa? Is it wrong for Toyota to open a subsidiary in the US? Not to mention that executives don't "have" companies, shareholders do.
- Ontheflyflyfly 10y agoYes, if the executives at Apple decide that they want to pay corporate taxes in Ireland instead of the US to reduce their taxes and increase their income, they should move Apple to Ireland from the valley. You can twist my words to "Is it wrong for Toyota to open a subsidiary in the US?" as you like, it doesn't change the point. Some people bring arguments, some play word games "Not to mention that executives don't "have" companies"