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Every country in the world sets its own taxation level for corporation tax and income tax. Ireland has lowish corporation tax 12.5%, soon to be 15%) and relativ
by entropyie 4y ago
Every country in the world sets its own taxation level for corporation tax and income tax. Ireland has lowish corporation tax 12.5%, soon to be 15%) and relatively high income tax, effectively ~%50 for high earners.
Even as a small company you can avail of that same corp tax rate.
Should the Irish government demand every other country raise income tax levels to make it "fair"?
If countries were serious about wanting corps to pay tax in their state, they would just raise VAT.
The rest is just smoke.
- extraduder_ire 4y agoIf you think the corporate tax thing is a bit much, up until the 00's there was two areas in the country that were entirely tax-free to operate in. I'm sad I never got to take advantage of it, though there are still a load of companies still operating in there. GE being the most notable one, I think.
- sfe22 4y agoAlso this all smells cartel behavior, except on global scale. Should we also demand the cheaper phone manufacturers increase their prices to match apple’s. Some countries are more efficient other more bloated.