That’s predominantly pharmaceuticals being exported into stockpiles ahead of any impending tariffs btw.
RepulsiveBridge2018 on
You can never use GDP as a figure for anything in Ireland. There is a reason the term leprechaun economics became a thing.
Alarmed_Crazy_6620 on
What’s Irish for “tax haven”?
Hiddenfox_ on
Tax heaven benefiting from beeing in the EU. That’s it.
And the more the EU deals with third countries, the more Eire will punction taxes on products/services entering/leaving European market.
BassesBest on
Beexit did have benefits
faze_fazebook on
Is this real by now or just tech companies exploiting the tax system.
slackware64 on
Its because you can order british-isch things from ireland (which is still in the EU) without going through customs and paying extra taxes. Source: myself avoiding ordering things from UK but from Ireland is fine.
Ugly_girls_PMme_nudz on
Ireland’s economy is not stable nor normal for a country.
Its heavily dependent on American companies being based there for low tax benefits.
Irelands is colony grew 25% in 2015 due to Apple’s internal restricting. The is is where it gets the name “leprechaun economics”.
Nearly 10% of the Irish worker force is employed by these American firms and they are mostly high paying.
50% of Ireland’s corporate tax revenue comes from 10 companies and they are mostly American.
US companies in Ireland are responsible for more than 50% of Irish exports.
Irelands economy is mostly bullshit and reliant completely on the US.
ArrivalBright4956 on
Yet Dublin has no Metro (I’m not biased because my bus driver drove straight past me today causing me to wait for another hour)
Cicada-4A on
Worrying trends…
binksee on
Ireland has signed up with the global minimum tax rate. It’s not even the lowest rate available in Europe any more.
We had low taxes when we were the poorest country in Europe – everyone laughed at us for doing it. Now we have a huge pharma, medtech, semiconductor manufacturing and tech industry.
When the banks went bust in 2008 we paid their debts on the public purse to appease the EU. When Germany was reunifying we pushed to support that effort.
We didn’t build our country on the back of imperialism and exploitation – we were the victims of it. When the UK was pillaging India and the mainland EU countries were dividing up Africa, we were under British rule. How about you pay back the resources you took from those countries too?
If you care so much about our tax laws how about you change your laws to collect more taxes at the point of purchase/leading your territory.
11 commenti
That’s predominantly pharmaceuticals being exported into stockpiles ahead of any impending tariffs btw.
You can never use GDP as a figure for anything in Ireland. There is a reason the term leprechaun economics became a thing.
What’s Irish for “tax haven”?
Tax heaven benefiting from beeing in the EU. That’s it.
And the more the EU deals with third countries, the more Eire will punction taxes on products/services entering/leaving European market.
Beexit did have benefits
Is this real by now or just tech companies exploiting the tax system.
Its because you can order british-isch things from ireland (which is still in the EU) without going through customs and paying extra taxes. Source: myself avoiding ordering things from UK but from Ireland is fine.
Ireland’s economy is not stable nor normal for a country.
Its heavily dependent on American companies being based there for low tax benefits.
Irelands is colony grew 25% in 2015 due to Apple’s internal restricting. The is is where it gets the name “leprechaun economics”.
Nearly 10% of the Irish worker force is employed by these American firms and they are mostly high paying.
50% of Ireland’s corporate tax revenue comes from 10 companies and they are mostly American.
US companies in Ireland are responsible for more than 50% of Irish exports.
Irelands economy is mostly bullshit and reliant completely on the US.
Yet Dublin has no Metro (I’m not biased because my bus driver drove straight past me today causing me to wait for another hour)
Worrying trends…
Ireland has signed up with the global minimum tax rate. It’s not even the lowest rate available in Europe any more.
We had low taxes when we were the poorest country in Europe – everyone laughed at us for doing it. Now we have a huge pharma, medtech, semiconductor manufacturing and tech industry.
When the banks went bust in 2008 we paid their debts on the public purse to appease the EU. When Germany was reunifying we pushed to support that effort.
We didn’t build our country on the back of imperialism and exploitation – we were the victims of it. When the UK was pillaging India and the mainland EU countries were dividing up Africa, we were under British rule. How about you pay back the resources you took from those countries too?
If you care so much about our tax laws how about you change your laws to collect more taxes at the point of purchase/leading your territory.