Microsoft Irish subsidiary paid zero corporate tax on £220bn profit last year

Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by G4E on Thursday June 03, 2021 @09:08AM (#27380695)

Why would they do that ? The light tax they require from those entity still benefits them immensily, because those entity choose to pay them there instead of elsewhere. If Ireland introduced more taxes those big corps would move away, so they would actually receive less...

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by axlee on Thursday June 03, 2021 @09:17AM (#27380813)

The definition of a parasitic economy. Other countries are well in their rights to pressure Ireland as hard as they can to end this theft.

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by de_Selby on Thursday June 03, 2021 @12:22PM (#27383639)

You seem to have a very strange definition of theft. Other countries are perfectly entitled to do similarly, as Netherlands does.

Why is there not a focus on countries such as Bermuda here? They are the "tax havens" who make this possible in the first place.

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by axlee on Thursday June 03, 2021 @12:42PM (#27383917)

>Why is there not a focus on countries such as Bermuda here? They are the "tax havens" who make this possible in the first place.

There is. Two wrongs don't make a right. The topic at hand is Ireland.

> Other countries are perfectly entitled to do similarly, as Netherlands does.

If every country acted the same way, there would not be a single functioning nation on earth. Their benefits only exist because other countries are losing out, which makes them parasites.

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by de_Selby on Friday June 04, 2021 @10:21AM (#27393873)

> there would not be a single functioning nation on earth

Holy hyperbole, Batman.

No, it would just mean that there would be a homogeneous corporate tax system, which is what people seem to always argue for.

'Parasites' is also a ridiculous description.

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by rorykoehler on Thursday June 03, 2021 @09:21AM (#27380876)

I agree other countries can do what this wish but realistically what's the carrot for Ireland though?

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by djbebs on Thursday June 03, 2021 @09:51AM (#27381339)

As opppsed to the german economy?

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by Tepix on Thursday June 03, 2021 @09:12AM (#27380749)

You can't receive less than zero

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by rorykoehler on Thursday June 03, 2021 @09:22AM (#27380888)

Income taxes from employees of these megacorps is where Ireland makes the money back.

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