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You're suggesting that their EU sales shouldn't pay EU income at all, rather US income taxes instead? Usually the criticism of this is the opposite direction, t
by esrauch 3y ago
You're suggesting that their EU sales shouldn't pay EU income at all, rather US income taxes instead? Usually the criticism of this is the opposite direction, that sales in Germany should pay taxes in Germany.
- littlestymaar 3y ago> You're suggesting that their EU sales shouldn't pay EU income at all, Well, since this is Ireland tax rates we're talking about, this is almost the same thing…
- disgruntledphd2 3y agoThat used to be true, but is no longer. Currently Apple et al pay 12.5% corporation tax in the Republic of Ireland, unlike the past where this rate existed but was notional as most of the revenue was ultimately booked to a real tax haven like Bermuda et al.
- littlestymaar 3y agoGlad it changed. It's still a 50% discount compared to most of EU though…
- Terretta 3y agoSounds like something EU should change if EU don't like it.
- littlestymaar 3y agoEu is a complex entity, there's no such thing as “EU don't like it”.
- marcyb5st 3y agoI don't think this can be solved easily. Unless until https://www.europarl.europa.eu/news/en/press-room/20220603IPR32122/parliament-activates-process-to-change-eu-treaties https://www.europarl.europa.eu/news/en/press-room/20220603IP... (3rd point) lands and the original idea is not messed up during the rounds of debate. Until then, not going to happen IMHO. Ireland, Luxembourg, and the Netherlands benefit outrageously from this and since they can veto stuff it's really hard to plug these holes. I think Ireland gave up some ground in this regard since its position was starting to really annoy other EU members.