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Well according to a dutch documentary I recently saw, Apple invented what was nick-named a 'double irish with a dutch sandwich' method of avoiding taxes by funn
by gillianseed 13y ago
Well according to a dutch documentary I recently saw, Apple invented what was nick-named a 'double irish with a dutch sandwich' method of avoiding taxes by funneling profits through several different countries for their different tax laws.
Microsoft and Google and a ton of other huge corporations quickly followed suit so certainly they are just as much to blame, but I guess this loop-hole is attributed to Apple as they 'invented' it (but forgot to patent it, what gives!?).
As to the 'closing' of this loophole, allow me to chuckle. The insane amount of money these corporations can avoid in taxes due to these loopholes means that they will remain in one form or another.
Corporations are controlling governments these days, might aswell accept that the dystopian corporate controlled future of William Gibson is pretty much upon us.
- jmngomes 13y agoAnd closing this/any loophole would also lower Ireland's attractiveness as a European HQ for global companies, which could do more harm than good to Ireland's economy...
- Jare 13y agoIt may hurt in the short term, but it seems to me the value Ireland gains as a country from these companies is rather thin.