@Eire: The Irish revenue commissioners made a tax deal with apple. The Eu turned around years later and said it was illegal and that Apple should pay 13 Billion more This will be very bad for Ireland because we lose credibility with all multinationals operating here We took almost 10 Billionn in 2018 from corporation tax. If the Apple judgement is upheld this will be significantly reduced in the future
@Ben: Tell that to men women & children on hospital trollies & to the striking nurses
@Eire: what will you tell them when unemployment rising and tax intake falls after we up their tax rate?
@Ben: the “Apple Tax” has more to do with Margaret Vestiger’s political ambition than anything else.
@Eire: tell that to the thousands of people earning a good wage and paying taxes when they lose their jobs after Apple leaves Ireland…
@Eire: Yes and also the fellas in Mayo picking potatoes because its just about as relevant The apple tax will net a once off payment of 13 Billion but will have a detrimental effect on the collection of 10 Billion annually The budget for health in Ireland has doubled since the early 2000′s and there is no improvement so how do you think spending even more money will improve it now We spend the 5th highest per Gdp in the world as it is. The health service can only be fixed with a bit or organisation and standing up to vested interests including the clergy, unions, parish pump politicians and many more but no political party has had to bottle to do it yet
@Ben: But how much of that annual 10 Billion you say is threatened was from multinationals only here for tax breaks? If that is the total figure then probably not much of it is at risk as all as those mobile multinationals probably don’t pay a lot. There are even Irish companies with ‘head offices’ abroad for tax reasons. Making corporations pay tax where profit is earned is important as a matter of principle as much as for financial reasons.
Just the small guys in the sights of FFG …
@Willy Mc Caul: yes upping the income tax on multinationals would be great for Ireland…that is of course till they leave and take all the employment, paye, and employers paye with them. Why do you think they come here? And when they leave after we up the income tax (which they definitely would) how would you replace them? SF magic beans economic policy
@Fergus Sheahan: why bother saying that the corporate tax rate is 12% then. Why have that figure quoted if it is not the case?
@Bluey: it is the rate but there are circumstances and complicated tax implications in which companies can pay less. Irish companies can also avail of this. Would I rather they all paid the 12% rate? Yes of course i would but let me ask you this, Have you been to Wigan or Salford? Cause that’s what Ireland would be like if multinationals leave here so if they have the tax expertise to pay lower rates and that keeps them employing 1000′s in Ireland I’m happy with thar
@Fergus Sheahan: I agree that the economy has been greatly boosted employment wise by multinationals. But Ireland could do with the tax money to be frank. Our healthcare and public services are piss poor. “Little or no tax” isn’t good enough when these are some of the biggest companies in the world.
@Bluey: perfect world vs actual world, without our light touch on tax they’ll go and take 3 generations worth of Irish people with them. Its big boys rules we need them more than they need us so they are holding the cards, we have to take a few hits but the benefits far outweigh the negatives of having them here
Nothing has changed, FG / FF self serving clowns who favor the elite and get re-elected by 50% of the people who like to think they are in the same class as the clowns that they vote for, some people are happy with the scraps from the table to keep the pretense going
@Dan public: Who do you think are paying for your dole?, its the multinationals. If they were not here we would still be living in an Angela’s Ashes like backwater…..you people have no idea what side your bread is buttered on. These companies go and you, you children, their children will have to emigrate if that is even an option in the future because there won’t be a washer in dole money to be found for you, we will be bankrupt.
@Dan public: Well the government can insist on them paying more so they will up sticks and go somewhere else There wont be a whole lot of scraps for anyone then will there
“Even labeled a tax haven”. It is a tax haven!!
At that time it was the right decision to get them in the country; they set up here and stayed. Wonder what Ireland would be like now without them.
Now it’s time to renegotiate tax but competitively only.
@Teresa Scanlon: We see what the country is like with the total emphasis on Corporate welfare today. Poverty, social deprivation, a multitude of crises that negatively effects the lives of ordinary people. Add to it the scandals and corruption that sees no one held accountable.
By all means encourage foreign investment, but not at the expense of the ordinary people.
@Dave Doyle: Where is the expence for the ordinary people They pay almost 10 Billion in corporation tax
@Dave Doyle: lots of ordinary people are employed by multinationals and lots of these “ordinary” people as you call them have gone on to do extraordinary things either inside multinationals or out on their own, What should the state do, Should they take over US companies like Ruth Coppenger suggested with Dell? Strange she doesn’t mention that so much these days
@Fergus Sheahan: “little or no tax” . Come on Fergus
@Ben: 10 billion doesn’t even pay the HSE.
@Dave Doyle: So do you want foreign multinationals to pay for our health service? What kind of health service education service and social welfare service would we have if they decided to go somewhere else. The corporation tax is only half the story what about the income tax their workers pay and the vat on goods and services they buy. Try running the country with that? Portugal with no sunshine
@Dave Doyle: we raise more in coporation taxes that most other European countries. Raising taxes isnt the same thing as raising more revenues.
And they still pay little or no tax, the only difference is there are far more of then here now. Of course only fools pay taxes in the first place.!
@Charles Williams: 10 Billion in 2018 almost 20% of the tax take plus all the income tax paid by the people they employ plus the vat on the goods their employees buy. Not an insignificant sum either
The banks dont pay tax.Yet we bailed them out.
@Peter Coen: The reason banks don’t have to pay tax is simple As with any company in Ireland if you make a loss you can offset that against profit for the subsequent years This happens all over the world The banks bailed out or not, made huge losses so they are offsetting these against profits now
Just goes to show. They had this train of thought so far back. Now they have made it come about by creating tax legislation that allows the big companies to slip through.
FG – rotten to their core. Past and present.
@Unitedpeople: yes they should kick out all multinationals or tax them to the hilt so they leave, North Korea looks like a great place to live
@Fergus Sheahan: I disagree. They should at least tax them with the same standard that they apply to small to medium businesses right across Ireland. As for North Korea, when it comes to Dear Leader propaganda PR (public paying for that too) and biased censoring media, FG is now giving lessons to the foreign state.
@Unitedpeople:those same loop holes and tax schemes are available to all, is that not fair
@Fergus Sheahan: Debatable – but even if true (and no one has shown evidence of this yet), the big corporations are the ones getting away with it far more.
@Unitedpeople: FG had nothing to do with this Almost all countries have the same rules .That is how Donald Trump didn’t pay tax for years He went bankrupt years ago and was able to carry the losses forward. In Ireland only companies can do it
At this stage Ireland should just exit the EU and become the 51st state of America,
@Karllye kripton: only if 1940s Ireland was some sort of wet dream for you.
@Karllye kripton: isnt it the 51st already? We re v american in our ways of thinking As Mata Harney said we re closer to Boston than Berlin
FFGLABSFPPPSD;= open border Globalists, vote for Irish nationalists next election.
Well nothing much has changed , sure the current Fine Gael Government does not want Apple’s Tax Money
Fine Gael = Tax Haven for the American Multinationals