50 ms·
Ireland was one of the signatories to Yellands global minimum Corp tax of 15%. Yeah being at 15% sucks compared to where other european companies sit, but the
by lifeisstillgood 3y ago
Ireland was one of the signatories to Yellands global minimum Corp tax of 15%.
Yeah being at 15% sucks compared to where other european companies sit, but the race to the bottom got cut off. it's a win
- wkat4242 3y agoYes but these companies don't pay that 15%. They all get special deals paying pretty much nothing. That's what that ongoing lawsuit is about by the EU against Apple. They're still trying to get almost 14 billion euro paid.
- smugma 3y ago11%, below the Irish rate of 12.5% https://amp.theguardian.com/technology/2023/apr/09/profits-apple-irish-division-rise-to-69bn-corporation-tax https://amp.theguardian.com/technology/2023/apr/09/profits-a...
- throwawaymobule 3y agoeverywhere else in the EU also signed it, and the corporate tax rate wasn't even the lowest in the EU already. (Bulgaria was lower, and another eurozone country was tied)