4 ms·

Can't say having a competitive tax rate doesn't bring jobs!

mazesc 12y ago
The double Irish isn't a competitive tax rate. It is a tax evasion scheme. Just some links I found quickly: http://www.nytimes.com/2014/10/20/opinion/ireland-still-addicted-to-tax-breaks.html http://www.nytimes.com/2014/10/20/opinion/ireland-still-addi... http://www.irishtimes.com/news/politics/abolition-of-double-irish-in-budget-2015-welcomed-by-eu-tax-commissioner-1.1963188 http://www.irishtimes.com/news/politics/abolition-of-double-...
- k-mcgrady 12y ago
  Corporation tax is low at 12.5% which is probably what the parent is referring to.
- deleted 12y ago
  [deleted]
- arcadeparade 12y ago
  Actually it turns out corporations pay more tax in Ireland than they do in countries like France or Canada: http://businessetc.thejournal.ie/ireland-tax-haven-1796050-Nov2014/ http://businessetc.thejournal.ie/ireland-tax-haven-1796050-N...
  - Agustus 12y ago
    If one can get rid of the large amount of work that goes into preparing taxes, many companies would prefer a simpler system as opposed to one riddled with loopholes for things like propane and natural gas tax breaks for mint farms; I am looking at you Washington!
- igravious 12y ago
  The Double Irish is being phased out slowly. Here's a NY Times article: http://www.nytimes.com/2014/10/15/business/international/ireland-to-phase-out-tax-advantage-used-by-technology-firms.html http://www.nytimes.com/2014/10/15/business/international/ire... This got announced at the last government budget - I could not make any claims about the economic repercussions one way or the other.
stupidcar 12y ago
Data centres don't create many jobs. In 2011, Facebook stated that its data centres create roughly 1 job per 790 m² [1]. Apple's planned data centre is 166,000 m². That gives us a figure of ~210 jobs for this data centre. But that's based on a figure from four years ago, and given how aggressively companies have pursued automation and on-site staff reduction in data centres, it's likely that the 2015 figure is lower. Maybe a lot lower. [1] http://www.quora.com/What-is-the-employment-density-of-a-server-farm-or-data-center http://www.quora.com/What-is-the-employment-density-of-a-ser...
- app0433543 12y ago
  What about the constructions jobs that it takes to build and maintain those data center warehouses?
  - raverbashing 12y ago
    Temporary jobs
- easytiger 12y ago
  Well there currently 0 jobs in that area, so I fail to see you point.

The double Irish isn't a competitive tax rate. It is a tax evasion scheme. Just some links I found quickly: http://www.nytimes.com/2014/10/20/opinion/ireland-still-addicted-to-tax-breaks.html http://www.nytimes.com/2014/10/20/opinion/ireland-still-addi... http://www.irishtimes.com/news/politics/abolition-of-double-irish-in-budget-2015-welcomed-by-eu-tax-commissioner-1.1963188 http://www.irishtimes.com/news/politics/abolition-of-double-...

k-mcgrady 12y ago
Corporation tax is low at 12.5% which is probably what the parent is referring to.
deleted 12y ago
[deleted]
arcadeparade 12y ago
Actually it turns out corporations pay more tax in Ireland than they do in countries like France or Canada: http://businessetc.thejournal.ie/ireland-tax-haven-1796050-Nov2014/ http://businessetc.thejournal.ie/ireland-tax-haven-1796050-N...
- Agustus 12y ago
  If one can get rid of the large amount of work that goes into preparing taxes, many companies would prefer a simpler system as opposed to one riddled with loopholes for things like propane and natural gas tax breaks for mint farms; I am looking at you Washington!
igravious 12y ago
The Double Irish is being phased out slowly. Here's a NY Times article: http://www.nytimes.com/2014/10/15/business/international/ireland-to-phase-out-tax-advantage-used-by-technology-firms.html http://www.nytimes.com/2014/10/15/business/international/ire... This got announced at the last government budget - I could not make any claims about the economic repercussions one way or the other.

stupidcar 12y ago

Data centres don't create many jobs. In 2011, Facebook stated that its data centres create roughly 1 job per 790 m² [1]. Apple's planned data centre is 166,000 m². That gives us a figure of ~210 jobs for this data centre. But that's based on a figure from four years ago, and given how aggressively companies have pursued automation and on-site staff reduction in data centres, it's likely that the 2015 figure is lower. Maybe a lot lower. [1] http://www.quora.com/What-is-the-employment-density-of-a-server-farm-or-data-center http://www.quora.com/What-is-the-employment-density-of-a-ser...

app0433543 12y ago
What about the constructions jobs that it takes to build and maintain those data center warehouses?
- raverbashing 12y ago
  Temporary jobs
easytiger 12y ago
Well there currently 0 jobs in that area, so I fail to see you point.