And if you're Google, you built a large office and hired thousands of people, you're not going to leave anytime soon
Plenty of people have said that about other employers in the past and come into work one day to find the doors locked.
Re:I quit the tech industry
by brianwawok on Wednesday June 10, 2015 @09:01AM
(#9691761)
> And if you're Google, you built a large office and hired thousands of people, you're not going to leave anytime soon.
You think? I don't think big business tends to fall into the sunk cost fallacy like we do. It may take a year to move out, but if they save no money in Ireland over the US, why stay?
There are no plans to change the corporate tax rate and the EU have no jurisdiction in these matters.
What is happening, rightly so, is the dismantling of some mechanisms which allowed large corporations to avoid paying the corporation tax at all. I think, though not sure, that this includes dismantling the double-irish arrangement where companies declared the majority of their income as expenses for licensing the product/brand etc from a parent company.
Then, the EU went back to them and told them they couldn't keep doing this, and very soon (is it 2016?) they will rack up corporate tax and make a fortune. And if you're Google, you built a large office and hired thousands of people, you're not going to leave anytime soon.