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Apple, Microsoft, Google, Facebook, Dell and Oracle all have their EU headquarters in Ireland, in addition to a number of very large pharmaceuticals companies.
by jdietrich 2y ago
Apple, Microsoft, Google, Facebook, Dell and Oracle all have their EU headquarters in Ireland, in addition to a number of very large pharmaceuticals companies. That's entirely due to an extremely generous corporation tax regime, which the EU has recently taken steps to curtail.
https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement
Ireland's GDP was so severely distorted by tax avoidance that the Central Bank had to devise an alternative measure.
https://en.wikipedia.org/wiki/Modified_gross_national_income https://en.wikipedia.org/wiki/Modified_gross_national_income
- Supernaut 2y agoWhy do you say that the presence of these companies' EU headquarters in Ireland is "entirely due" to the country's corporate tax rates?