A scary thought..
Interesting article from The Hindu magazine about Ireland:
"Ireland is a paradise built on the back of multi-national companies that flock to the country for its 12.5 per cent corporate tax — the lowest in the EU. But the low tax regime has also earned the country the rather negative tag of a tax heaven with global companies using their Irish operations to maximise profits. The future of the Irish success story is predicated on the stability of Ireland's relationship with the MNCs."
"Ireland is a paradise built on the back of multi-national companies that flock to the country for its 12.5 per cent corporate tax — the lowest in the EU. But the low tax regime has also earned the country the rather negative tag of a tax heaven with global companies using their Irish operations to maximise profits. The future of the Irish success story is predicated on the stability of Ireland's relationship with the MNCs."
posted by Nixmix at 11:18 p.m.
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