Re:Irish finance minister calls €14B tax windfall from Apple...
by quitit on Tuesday October 01, 2024 @06:53PM
(#41715181)
>Before the ruling Apple was paying about 8B in taxes per year to Ireland.
> If multinational corporations are no longer able to do a Double-Irish Dutch Sandwich anymore, it doesn't make sense to stay there.
That figure isn't going to change, nor are companies going to be running out of Ireland - the tax strategy has been shut down for more than a decade. Ireland has other features which make it attractive to US businesses, including strong historical ties and being the remaining English speaking member of the EU.
> If multinational corporations are no longer able to do a Double-Irish Dutch Sandwich anymore, it doesn't make sense to stay there.
That figure isn't going to change, nor are companies going to be running out of Ireland - the tax strategy has been shut down for more than a decade. Ireland has other features which make it attractive to US businesses, including strong historical ties and being the remaining English speaking member of the EU.