Republic of Ireland, is a part of the island Ireland, second part of the island belongs to the United Kingdom and usually being called Northern Ireland. The Irish may be known for many things, but in this case we are going to be looking at the specific area of offshore business in Ireland. Nowadays many large corporations use Ireland as a vehicle for escaping some corporate tax on a large scale. I have a recent article on this matter here.
Showing posts with label ireland offshore. Show all posts
Showing posts with label ireland offshore. Show all posts
Wednesday, 2 July 2014
Monday, 30 June 2014
EU investigates tax evasion for Apple, Fiat and Starbucks
Europe Union has launched an investigation towards Apple, Fiat and Starbucks, regarding the large amount of tax they might have escaped due to tax forwarding true such offshore locations as Ireland for Apple, Netherlands for Starbucks and Luxemburg for Fiat.
Atho Apple paid only 2% tax on around 74 billion income made outside America, every thing seems to be legal due to Ireland having effective tax rate of less than 2%.
Atho Apple paid only 2% tax on around 74 billion income made outside America, every thing seems to be legal due to Ireland having effective tax rate of less than 2%.
Subscribe to:
Posts (Atom)