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> Eg Ireland might give a tax incentive if a large Fortune 500 company hires X people in Ireland. If Ireland is willing to give the same tax incentive to any c
by pyrale 2y ago
> Eg Ireland might give a tax incentive if a large Fortune 500 company hires X people in Ireland.
If Ireland is willing to give the same tax incentive to any company hiring X people in Ireland, it's fine.
If Ireland only grants the rebate to Fortune 500 companies in a bid to lure specific US investment, it's the state creating a competitive distortion i.e. state aid.
- margana 2y agoUnless the threshold is set high enough that only a few corporations could even possibly do it. Especially if they limited it further per industry.