Will the End of a Tax Loophole Kill Off Irish Business? - Pacific Standard: The Science of Society | Small business news; tips; networking

Posted by thursdayb under Taxes
From http://www.psmag.com 3679 days ago
Made Hot by: luvhealthcare on October 28, 2014 12:16 pm

U.S. technology giants have constructed international offices in Dublin in order to take advantage of favorable tax policies that are now changing. But Ireland might have enough other draws to keep them there even when costs climb.

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Comments

Written by Moneycation
3672 days ago

Informative and well written article. Tax loopholes or legal cost-cutting tax options will probably always exist in one form or another, and there are plenty more besides the Double Irish. For example, corporate registration in a nation-state that has no tax-information sharing treaty and/or low taxes. Also, there are still tangible benefits of setting up a headquarters in a place like Bermuda, which is English speaking and has a zero corporate tax rate per KPMG.

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Written by lyceum
3673 days ago

Thursday: The Double Irish could be a name for a new beer! ;) I am sorry to hear that competitive tax havens are being shut down. How about competing in a fair and square way and getting rid of the tax burdens in the rest of the world instead?

Obama is calling the Double Irish for "gaming the system". What do you think? I wonder if Niall Devitt has a comment on the situation?

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