Re:Commission says Ireland granted undue tax benefits of up ...
by toyg on Tuesday August 30, 2016 @08:36AM
(#12389414)
> Ireland makes a loot of money from exports to Europe
That's the crux of the overall matter, from a political point of view. Ireland benefits from the European market disproportionately more than the EU benefits from Ireland. This is why Ireland ends up being "a scapegoat" - because nobody is particularly happy about their status as the onshore tax-haven of choice for healthy US multinationals, so every time they end in a pickle, they have very few friends (and with Brexit, they effectively lost their biggest one).
That's the crux of the overall matter, from a political point of view. Ireland benefits from the European market disproportionately more than the EU benefits from Ireland. This is why Ireland ends up being "a scapegoat" - because nobody is particularly happy about their status as the onshore tax-haven of choice for healthy US multinationals, so every time they end in a pickle, they have very few friends (and with Brexit, they effectively lost their biggest one).