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Looks like Revenue are in a spot of bother

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Comments

  • #212
    the_syco
    Registered Users, Registered Users 2 Posts: 37,316 ✭✭✭✭the_syco


    EU launches probe into Revenue 'special deals' for multinational firms
    So... they don't want us to pay back what we borrowed? Because if all the companies leave, we won't have money to do jack sh|t.


  • #213
    Rightwing
    Closed Accounts Posts: 8,101 ✭✭✭Rightwing


    the_syco wrote: »
    So... they don't want us to pay back what we borrowed? Because if all the companies leave, we won't have money to do jack sh|t.

    Don't worry. They all won't leave.

    Rule no. 1 - Make a profit. Now, when the profits go, like the drug patents recently, then tax suddenly becomes a non issue.

    Ireland must compete on costs, infrastructure, providing highly skilled employees etc


  • #214
    Iwasfrozen
    Registered Users, Registered Users 2 Posts: 16,250 ✭✭✭✭Iwasfrozen


    Rightwing wrote: »
    Don't worry. They all won't leave.

    Rule no. 1 - Make a profit. Now, when the profits go, like the drug patents recently, then tax suddenly becomes a non issue.

    Ireland must compete on costs, infrastructure, providing highly skilled employees etc

    And how is Ireland to compete in terms of infrastructure against countries in the center of Europe who have larger population densities and share land borders with other countries?


  • #215
    poppyvally
    Closed Accounts Posts: 341 ✭✭poppyvally


    Piliger wrote: »
    That's a gross distortion of work in a multinational. What are you thinking of ? canning baked beans or something ? :D

    Maybe a VERY slight exaggeration on my part but I do know a guy who works in a factory in Shannon & he's sick of doing the same thing day after day....... But hey! the multinationals pay good money for your soul.
    I know a girl who landed a "big" job with Google in Dublin She has to meet certain deadlines to get a bonus of €4,000


  • #216
    Piliger
    Registered Users, Registered Users 2 Posts: 6,741 ✭✭✭Piliger


    poppyvally wrote: »
    I know a girl who landed a "big" job with Google in Dublin She has to meet certain deadlines to get a bonus of €4,000

    Oh dear god !! Slavery !!! :D


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  • #217
    Piliger
    Registered Users, Registered Users 2 Posts: 6,741 ✭✭✭Piliger


    Just spotted this article in the US, about the rate of tax being experienced by big corporations there. Interesting when people from over there attack Ireland as some kind of Tax Haven...

    "In 2012, 43 corporations with a combined annual profit of more than $35 billion paid an average effective tax rate of -8.9% for total savings just shy of $3 billion. Their total political spending during the 2012 election cycle: $102,082,007, a 34% return on investment. Forget stocks and bonds — It’s time to invest in a lobbyist. "

    Nb: The actual report this article is based on is linked on the third line of text "a report".


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