9 ms·
<facepalm> You realise these are American companies exploiting American laws to circumvent their tax burden while operating as MNCs in Europe? The notion of Ir
by piltdownman 2y ago
<facepalm> You realise these are American companies exploiting American laws to circumvent their tax burden while operating as MNCs in Europe?
The notion of Ireland somehow getting a '13 billion payday' due to malfeasance or illegality is fantastical beyond belief.
- EduardoBautista 2y agoAll the tax law says that if they bring the money to the US, they have to pay US taxes. So they just don’t bring it to the US. There is no US law that requires you to move the money.
- InsomniacL 2y ago"According to Commission estimates, Ireland had given illegal tax benefits worth €13 billion to Apple" - ECJ Ireland gave illegal tax breaks to attract business from other countries which it succeeded in, and now also gets the tax back. > fantastical beyond belief You might disagree with something I've said but it's certainly not "fantastical beyond belief"
- Wytwwww 2y ago> MNCs in Europe? Why would you expect them to pay corporate taxes on all the income they make outside of the US? Would hardly make much sense...