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It's interesting that this article mentioned Ireland with regards to corporate taxes. I don't know the background to the Apple story noted in the article, but I
by phillc73 10y ago
It's interesting that this article mentioned Ireland with regards to corporate taxes. I don't know the background to the Apple story noted in the article, but I am well aware that corporate tax is not standardised across Europe.[1]
Ireland also has one of the lowest corporate tax rates in the EU at 12.5%. I'm about to embark on a new venture which will require a Limited company. Ireland is extremely attractive due to the low corporate tax rate and the ease of starting a new Limited company. The other good options are the Baltic countries, such as Estonia, but things are more complex in terms of initial capital costs and somewhat of a language barrier. Or go properly offshore.
If the UK really wanted to become a tax haven for the rich, they would lower corporate and top personal tax rates. There are some plans to lower UK corporate tax from 20% to 18%, but it's still not really enough to entice many and lay claim to being a tax haven.
[1] https://en.wikipedia.org/wiki/Tax_rates_in_Europe https://en.wikipedia.org/wiki/Tax_rates_in_Europe