Re:Three European Countries Block Tax on Tech Giants
by rusk on Tuesday November 06, 2018 @10:56AM
(#18392090)
The difference is, that the Irish rate applies
Speaking as an Irish resident, I can tell you that this is effectively untrue. Indigenous businesses, or even businesses small enough to not get the sweetheart treatment of the relevant authorities definitely do not get equal treatment. The difference is vast.
Re:Three European Countries Block Tax on Tech Giants
by oarsinsync on Tuesday November 06, 2018 @11:26AM
(#18392394)
Are you suggesting that indigenous and/or small businesses are taxed at a higher rate than the published standard 12.5%, or that they don't qualify for even better exemptions and thus lower effective rates than 12.5%?
GP was indicating that Ireland has one of the lowest standard corporation taxes at 12.5% available to everyone, not that there aren't even better effective rates offered to larger corps & multinationals.
Re:Three European Countries Block Tax on Tech Giants
by rusk on Tuesday November 06, 2018 @01:26PM
(#18393560)
Yes I’m stating that as an absolute fact.
Re:Three European Countries Block Tax on Tech Giants
by oarsinsync on Wednesday November 07, 2018 @07:29AM
(#18398667)
Can you provide any evidence, as everything I can see shows 12.5% on trading income, and 25% on non-trading income.
Are you referring to the non-trading income corporation tax rate, or is there something else going on? If something else, that sounds an awful lot like corruption
That's not the case in other EU countries.