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I wonder why Ireland doesn't change their "if the Irish subsidiary is controlled by managers elsewhere, like the Caribbean, then the profits can skip across the
by stock_toaster 14y ago
I wonder why Ireland doesn't change their "if the Irish subsidiary is controlled by managers elsewhere, like the Caribbean, then the profits can skip across the world tax-free"[1] law. If so many huge corporations utilize the tax loophole, you would think it would be in their interest to tax that at least somewhat.
[1]: http://www.nytimes.com/interactive/2012/04/28/business/Double-Irish-With-A-Dutch-Sandwich.html http://www.nytimes.com/interactive/2012/04/28/business/Doubl...
- Scorponok 14y agoBecause as soon as they do that, there's less of a reason to spend a lot of money setting up an expensive corporate HQ in Ireland.
- stock_toaster 14y agoBut is it actually that expensive to set up a corporation in Ireland?