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If you think that is bad wait and see what big tech companies do in Ireland.
by rr808 1y ago
If you think that is bad wait and see what big tech companies do in Ireland.
- mikepurvis 1y agoIs that still going on? I was just reading about it in the Sarah Wynn-Williams book and it sounded like the EU was cracking down on it and bunch of execs were making backroom deals at Davos in the late 2010s to try to get extensions and sweetheart deals of various kinds. EDIT: Sigh, yeah looks like the famous Double Irish loophole closed in 2020, but there's another scheme that's come up since 2021: https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement
- extraduder_ire 1y agoIreland's been party to the GMCT agreement[0] since the end of 2023, so singling us out doesn’t make much sense anymore. Earlier this year the US withdrew from it, which complicates matters. Run of the mill tax avoidance strategies continue worldwide. 0: https://en.wikipedia.org/wiki/Global_minimum_corporate_tax_rate https://en.wikipedia.org/wiki/Global_minimum_corporate_tax_r...