2 ms·
No, this isn't about Ireland only levying 12% corporate tax (which is already a beggar-thy-neighbour race to the bottom). This is about Ireland abetting Apple
by MagnumOpus 6y ago
No, this isn't about Ireland only levying 12% corporate tax (which is already a beggar-thy-neighbour race to the bottom).
This is about Ireland abetting Apple (and every other large US tech and pharma firm) to not even pay the 12% but pretend that all of its EU profits were created in Bermuda, BVI or some other zero-tax offshore tax haven. (Via the Double Irish Dutch Sandwich legislation they offered until this year, or the newer and improved "Patent Box" law.)