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by atopuzov 1840 days ago
It's not like MNCs in Ireland actually pay any tax anyway (various loopholes and agreements provided by the Irish government). To quote from [1] "the revelations shone a fresh spotlight on Irish tax policy that “has been designed precisely to facilitate this kind of avoidance”."

[1] https://www.theguardian.com/world/2021/jun/03/microsoft-iris...
2 comments
refurb 1840 days ago
That’s not true at all. Your example is a special situation.

https://www.irishtimes.com/business/economy/top-10-companies...

The top 10 corporate tax payers, including Pfizer, Apple and Intel made up 50% of all corporate tax revenue in Ireland, $6B.

Ireland has 4M people, that means the top 10 companies contribute $1500 for every man woman and child in Ireland. That’s a hell of a deal for the country.

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einpoklum 1840 days ago
> That’s a hell of a deal for the country.

More of a Faustian deal...

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einpoklum 1840 days ago
Oh, well, that's worse than I thought, but I think it basically bolsters my argument: A subsidy for them could not even be checked off against their tax contributions to the state's economy.
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