Thatās not a writeoff mate
Tax that will go back to Europeā¦ Apple and others are funnelling their EU profits through Ireland for tax reasons. We will be lucky to get enough to buy a happy meal out of it.
What is it then?
Still operating a structural deficit to best of my knowledge i.e. expenditure > income
borrowing to pay day to day costs. Living off the credit card so to speak
taxi
From what heās saying though, it sounds like the EU are encouraging other European countries to claim their chunk of the 13 billion back from Ireland.
Noone now claiming apple is the only issue, glossing over any example it may be a test case.
He sounds genuinely seething here.
Probably but this is just Apple weāre talking about. Charging them 0.005%. If thatās what we were charging across the board then thereās bound to be a significant amount to be raised if the appetite was there. How do you think domestic SMEās will feel about this. They find it hard enough to survive and many folded because of Blueshirtsā refusal to tackle upward only rents as well as an actual increase in rates charged. Canāt see how anyone could defend the Govt on this.
Its bad enough these cunts enslaved us to a massive debt, now they want Apple and Google and the likes to leave so we can really be on our knees to them forever. Iām no fan of these multi-nationals but these cunts in Europe will not dictate to us anymore.
I noted this past fortnight that there is a palpable sense of wealth in Galway at least that isnāt dissimilar to the tiger years.
Itās not a tax ever levelled by the Irish state, itās therefore not a writeoff
Itās not Irish money
Unfortunately, we dint have the gumption to pull up our pants, tighten our belts and go it alone.
Ireland could take back itās waters and blow any Spanish cunts that trespass out of it. We could reinvest in farming. We could become giants in bio foods.
But weāve plumped against that and thrown our lot in with American corporations. If we are gonna continue down that road we will have to dictate our own tax levels and how we bend over for American companies.
Apple are not a shell company in Ireland, they have a place in Cork that employs 6,000. The fact we collected the tax at a rate of 0.005% instead of 12.5% means we gave them a tax write off of 12.045% on any revenue generated from Irish operations.
But the EU are allowing us to charge 12.5% meaning we do have control. The EU are at us because we were only charging 0.005%.
It is US taxpayers money.
If we want to charge 0.05% then thatās what we will do. People are getting their lives back together and in jobs after the second worst recession the country has ever experienced. If we are gonna rely on American investment then we sure as hell better hold the fuck onto it.
Here EU, go shit in your hat!
We donāt want this money just to give to ye cunts, thank you very much. Weāll keep our jobs instead.
How so if they have operations all over the world?
Well said, bud.
Who pays 80% of Irelandās corporation tax take?
Iām fucking seething here, pal. Fucking Euro-weenies.