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Also the commercial taxes here are ridiculously low for the EU, which is why a lot of multinationals have their EU operations here: http://en.wikipedia.org/wik

• raverbashing 14y ago
  On the other side, income tax is one of the largest in Europe. http://en.wikipedia.org/wiki/Taxation_in_the_Republic_of_Ireland#Rates_of_income_tax http://en.wikipedia.org/wiki/Taxation_in_the_Republic_of_Ire...
  • qwerta 14y ago
    Income tax is actually very low. In many countries tax is masked various ways. For example there is 'social insurance' and 'health insurance' calculated from income and de-facto is income tax. Also your employer has to pay 'contributions' which also depends on your income. Real income taxation in country like Germany is typically between 50% to 80% for any decent software developer.
    • raverbashing 14y ago
      You're right, several things can be considered 'income tax' even though not called that way. Didn't know that for Germany, interesting. I guess the point is: compare cost of life and take away salary rather than raw salary figures. Still, lower take away salary may be a handcap in attracting talent.
• objclxt 14y ago
  It would be quite funny, although also given the tax structure pretty much inevitable, that if/when Stripe launched their product in the EU they set up a Irish subsidiary to take advantage of those tax arrangements.