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This isn't about countries with 15% corporate tax rates. This is about countries, like Ireland or Netherlands, with 0% corporate tax rates. The UK loses a huge

This isn't about countries with 15% corporate tax rates. This is about countries, like Ireland or Netherlands, with 0% corporate tax rates. The UK loses a huge amount of corporate tax from EU tax havens, and the opposition has formed because the purpose of this deal is to allow the US to raise their corporate tax rate...rather than stop corporate tax avoidance (the US doesn't suffer hugely from this, all the profit in places like the UK that goes to Ireland ends up back in the US, and gets taxed).

aidanf 5y ago
> This is about countries, like Ireland or Netherlands, with 0% corporate tax rates. Ireland's corporate tax rate is 12.5%. It is one of the lowest in Europe but certainly not 0%.
- pjc50 5y ago
  https://en.wikipedia.org/wiki/Ireland_v_Commission https://en.wikipedia.org/wiki/Ireland_v_Commission : it doesn't matter what the headline rate is, it matters what the effective rate is. > "selective treatment allowed Apple to pay an effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014." Tricks include transfer pricing; company A charges company B an arbitrary number to reduce company B's profit to zero (so it pays no tax) but this gets classed as exempt in company A.
- hogFeast 5y ago
  That is the rate for Irish corporations, not foreign ones. Ireland, Netherlands, Luxembourg all negotiated bilateral deals with individual corporations so their effective tax rates are, at most, 3%.
rad_gruchalski 5y ago
The 2019 Dutch corporate tax rate is 19% of the taxable income up to and including €200,000, above which the rate is 25%. The lower rate will decrease to 16.5% in 2020. In 2021 the rate for the first bracket will again decrease to 15% with taxable income up to €245,000. Where do you get that 0% from.
- hogFeast 5y ago
  As said with the other comment, Netherlands has negotiated bilateral deals with individual corporations. So the rate you are quoting is for Dutch corporations but now what foreign corporations pay. That is why almost large corporation has a nameplate office there.
  - rad_gruchalski 5y ago
    Are there any sources supporting these claims? Which comment is “the other comment”?

aidanf 5y ago

> This is about countries, like Ireland or Netherlands, with 0% corporate tax rates. Ireland's corporate tax rate is 12.5%. It is one of the lowest in Europe but certainly not 0%.

pjc50 5y ago
https://en.wikipedia.org/wiki/Ireland_v_Commission https://en.wikipedia.org/wiki/Ireland_v_Commission : it doesn't matter what the headline rate is, it matters what the effective rate is. > "selective treatment allowed Apple to pay an effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014." Tricks include transfer pricing; company A charges company B an arbitrary number to reduce company B's profit to zero (so it pays no tax) but this gets classed as exempt in company A.
hogFeast 5y ago
That is the rate for Irish corporations, not foreign ones. Ireland, Netherlands, Luxembourg all negotiated bilateral deals with individual corporations so their effective tax rates are, at most, 3%.

rad_gruchalski 5y ago

The 2019 Dutch corporate tax rate is 19% of the taxable income up to and including €200,000, above which the rate is 25%. The lower rate will decrease to 16.5% in 2020. In 2021 the rate for the first bracket will again decrease to 15% with taxable income up to €245,000. Where do you get that 0% from.

hogFeast 5y ago
As said with the other comment, Netherlands has negotiated bilateral deals with individual corporations. So the rate you are quoting is for Dutch corporations but now what foreign corporations pay. That is why almost large corporation has a nameplate office there.
- rad_gruchalski 5y ago
  Are there any sources supporting these claims? Which comment is “the other comment”?