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I find it interesting that Ireland is the lowest taxed country yet they have bet the farm on providing a haven for companies to avoid paying taxes back home. I
by HoochieKoo 8y ago
I find it interesting that Ireland is the lowest taxed country yet they have bet the farm on providing a haven for companies to avoid paying taxes back home. It’s a gamble they’ve made which seems to paying off but I’ve heard that if other countries closed this loophole they it would absolutely devestate the Irish economy.
- test6554 8y agoI know it feels a little unfair to people of higher tax countries who feel like they deserve certain services from their government and (at least the majority) are willing to pay for those services through their taxes. But another cost of these government services that they need to be aware of is that it makes it more difficult to attract large multi-national employers to the country. Large companies can choose which country they are taxed in just like you and I can choose which market we shop at. If your preferred market decides to raise prices while another decides to lower them, this would not be considered a loophole. It would be considered business savvy or competition.
- moorhosj 8y ago==Large companies can choose which country they are taxed in just like you and I can choose which market we shop at. If your preferred market decides to raise prices while another decides to lower them, this would not be considered a loophole. It would be considered business savvy or competition.== To complete your market analogy, can you explain what "services" the country provides the company?