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This is one of the reasons EU is never gonna fly. Countries like Ireland are allowed to offer lower corporate taxation but still benefiting of the EU common mar
by residentfoam 8y ago
This is one of the reasons EU is never gonna fly. Countries like Ireland are allowed to offer lower corporate taxation but still benefiting of the EU common market. No wonder why most companies have/move their tax domicile in these countries (like Nederland). This is unfair competition and EU should stop this s*t show. Businesses should be taxed based on where the revenue is generated and not where their tax domicile is placed.
- purple_ducks 8y ago> This is one of the reasons EU is never gonna fly. You mean a single market??? > Businesses should be taxed based on where the revenue is generated and not where their tax domicile is placed. How would that make sense? If a product is built & sold in country X to a person in country Y, then only sales tax is paid to country Y. Revenue goes back to country Y to cover the costs and then tax is paid on what remains. That's like one of the fundamental things tying EU together.