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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by cj on Thursday May 13, 2021 @08:09AM (#27141185)
My interpretation of the grandparents comment is the $6B in revenue (probably from outside Ireland) would not be subject to the 20% tax, while they are subject to 1% tax. So by raising taxes to 20%, you lose all foreign companies like Uber paying 1%, which may very well add up to much more than purely revenue originating within Ireland.

I could be completely wrong, I’m not a tax lawyer

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