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Sadly, it is not mere FUD for people based here in Ireland. (I agree that it was somewhat better in the US.) Here's what Liam Casey (CEO of PCH International[1]
by pc 13y ago
Sadly, it is not mere FUD for people based here in Ireland. (I agree that it was somewhat better in the US.) Here's what Liam Casey (CEO of PCH International[1]) said earlier: https://twitter.com/liamcasey/status/374690420556443650 https://twitter.com/liamcasey/status/374690420556443650. He's speaking from personal experience. (I've talked to the engineers who were trying to set up that merchant account.)
And, yes; we charge VAT on our services in Europe; this goes straight to the government.
[1] http://enwp.org/PCH_International http://enwp.org/PCH_International
- illumen 13y agoDo you pay corporation tax in Europe? If "stripe in Ireland", and an office in London then you should right?
- yapcguy 13y agoBingo! If they do a Google they will claim that UK transactions are really Irish transactions and pay tax in Ireland. If they do an Apple they will claim that their Irish company owes vast technology licensing fees to a company in Bermuda. Net result is that revenue is shuffled around until it ends up in a tax haven, ready for future distribution when the political tax climate or personal circumstance of key shareholders allows.