How Ireland, the European base of many tech giants due to its 12.5% corporate tax rate, is fighting the new 15% global minimum tax rate agreed by 130 countries
and fanned controversy among the Irish themselves. https://www.nytimes.com/... @dealbook : The European bases of Apple, Pfizer and hundreds other multinationals are implanted around Ireland, symbols of the commerce produced by the country's low corporate taxes. But this model that has fueled the so-called Celtic Tiger economy is in peril. https://www.nytimes.com/... Liz Alderman / @lizaldermannyt : For decades, multinationals moved to Ireland for its low taxes. A new global tax plan has put Dublin on the defensive. I look at why in this story: Ireland's Days as a Tax Haven May Be Ending, but Not Without a Fight https://www.nytimes.com/... Fergal Reid / @fergalreid : “Ireland is likely to relent at the end of the day, provided it wrests concessions from bigger countries to help keep a competitive edge.” Reasonably sound negotiating strategy, then. https://www.nytimes.com/... Florian Damas / @florianorama : Ireland's Days as a #Tax Haven May Be Ending, but Not Without a Fight — #Ireland is joining with a group of low-tax nations to wangle at the Group of 20 meeting for terms that would allow small countries to make up for the loss of any tax advantage. https://www.nytimes.com/... #G20 Donal Ruane / @donalruane : .@LizAldermanNYT: Ireland shouldn't be lumped in with Turks & Caicos (0%) as a tax haven. Low corporation tax was introduced to offset our geographically disadvantageous location, not to scam the rest of the world. The weather sucks too, so there's that. https://www.nytimes.com/...
The battle lines drawn by the Irish government have cast a global spotlight on the nation of five million people — and fanned controversy among the Irish themselves. https://www.nytimes.com/...
The European bases of Apple, Pfizer and hundreds other multinationals are implanted around Ireland, symbols of the commerce produced by the country's low corporate taxes. But this model that has fueled the so-called Celtic Tiger economy is in peril. https://www.nytimes.com/...
For decades, multinationals moved to Ireland for its low taxes. A new global tax plan has put Dublin on the defensive. I look at why in this story: Ireland's Days as a Tax Haven May Be Ending, but Not Without a Fight https://www.nytimes.com/...
“Ireland is likely to relent at the end of the day, provided it wrests concessions from bigger countries to help keep a competitive edge.” Reasonably sound negotiating strategy, then. https://www.nytimes.com/...
Ireland's Days as a #Tax Haven May Be Ending, but Not Without a Fight — #Ireland is joining with a group of low-tax nations to wangle at the Group of 20 meeting for terms that would allow small countries to make up for the loss of any tax advantage. https://www.nytimes.com/... #G…
.@LizAldermanNYT: Ireland shouldn't be lumped in with Turks & Caicos (0%) as a tax haven. Low corporation tax was introduced to offset our geographically disadvantageous location, not to scam the rest of the world. The weather sucks too, so there's that. https://www.nytimes.com/.…