Jesus Fucking Christ, this fucking company can pay 13 billion and it still will not do a dent on their TRILLION dollars value. Imagine all that society could benefit if those fucking assholes just paid their share, instead of us having to hear how green and socially conscious these bastards are.
Tech companies are the most disgusting corporations in their sheer greed, right up there with oil corps.
They greedy af. They've lobbied (bribed?) to keep the corp taxes as low as possible. Then they go Double Irish with Dutch Sandwich and NOT pay the low taxes anyways. If we were to tax them appropriately then it'd be a helluva lot more than 13b imo
Please, anyone who reads this, stop posting links to the mobile version of Wikipedia. It doesn’t switch automatically on PC, and I see it happen all the time. Just take the half a second to remove the “.m” from the beginning of the link, save everyone else from the pain of having to be surprised by it and taking the time to do it themselves.
Fuck that's depressing reading. I understand what US corporations get out of this but I'm still unsure why Ireland goes to this length to be a tax haven. What's in it for them?
13bn dollars in missed taxes while already abusing a tax heaven.
When our stupid politicians will grow some balls (metaphorically, and independent of their gender-balanced commission/parliament), and we'll actually introduce a proper minimum corporate tax for the entire EU market, it will be 50bn. At least.
Combine this from all the big tech companies that are dodging our taxes, and we could quadruple our defense budget, double our education and healthcare spendings, and still supply every citizen with a bottle of champagne to celebrate.
But like, what financial benefits do they get from this? Like the country itself. I'm really bad in this area. Like, do they buy property or set up a thin business? Does that pull in enough?
Why is nobody talking about this?? Oh yeah, because it's okay when our planetary overlords do it. Let's imprison some more homeless people for stealing bread instead!
Staggering to me how many people don't see this, and denigrate populism (not that I think you do, clearly those commenting on this issue see what's going on).
Well I am delighted. €13.1B + the 1.2 in interest represents what will be a bump of 16% of total tax revenue compared to 2023 (€88B total). There are lots of things that money can be used for.
Great to see, but are there punitive damages too, or even charges for interest? Because if not, then they'll just keep trying to pull stunts like this off again and again.
(My guess is that there isn't because it involes a deal with Ireland, but I would love to be proven wrong.)
I have no issue paying taxes, if they directly contribute to my environment being improved.
However, it is beyond infuriating, to have to pay taxes on already painstakingly obtained money, on both incoming and outgoing transactions, while companies like Apple sit on more money, than all of us combined will ever see, in a dozen generations of our families