I didn’t see it in the article, but doesn’t Ireland have comically low tax rates to start with?
Yes, that is why many big tech companies have their european hq there.
And you could say they are pretty lenient with enforcing GDPR & co (they don’t do fuck if not forced).
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What’s funny to me is Ireland wasn’t trying to collect these taxes, the European Commission decided that the Irish taxes were too low and amounted to an illegal subsidy.
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Ireland systematically trying to make the EU a race to the bottom is hilarious /s
“Okay, I guess I’ll take it”
Ireland, probably
They’ll probably try not to take the tax money, again.
i heard recently in a podcast apparently ireland doesnt want this money for some reason i think as it would be a disincentive for other companies setting up there
Still a drop in the bucket, but these are fine numbers I can get behind
Imagine if the EU fined Ireland like it fines US mega corporations when they’ve been deemed to break the law. 4% of global turnover for GDPR breaches for example. If the EU wants to take tax avoidance seriously it would fine Ireland 4% of their GDP until they shut these schemes down.
But it doesn’t. This is simply a charade.
