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

Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by magicalhippo on Thursday June 03, 2021 @04:27PM (#27386857)

Not directly, no. Gov't uses parts of the oil tax money to fund budget deficits, but they've limited themselves to how much.

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by rorykoehler on Friday June 04, 2021 @12:29AM (#27390559)

I was under the impression you also got a dividend/basic income of a few thousand a year like in Alaska?

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Re:Microsoft Irish subsidiary paid zero corporate tax on £22... by magicalhippo on Friday June 04, 2021 @04:56AM (#27391850)

No, nothing like that.

Though you can get support if you're temporarily without a job[1], sick[2] or declared permanently unable to work[3].

These programs are of course partially funded by the oil tax money, by virtue of being part of the government spending.

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