Upcoming Events

National | Economics and Finance

no events match your query!

Blog Feeds

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Elaine Byrne: Lacking moral courage to name names

offsite link Real democracies and referendums Anthony

offsite link Public Services Card: Some still forced to comply Anthony

offsite link Catholic Church: Dark influence still active Anthony

offsite link Tom Parlon launches new career in comedy Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Ukrainian Peace Process Collapses Tue Apr 07, 2020 18:06 | The Saker
by Eric Zuesse for The Saker Blog News has only gradually seeped out that the Minsk II agreement, to find a peaceful way to end the war between Ukraine and

offsite link U.S. Confirms Deployment Of Patriot Missiles In Iraq Tue Apr 07, 2020 01:18 | Scott
U.S. Confirms Deployment Of Patriot Missiles In Iraq. Iran Prepares For Conflict In Straight Of Hormuz On April 5, a series of large explosions rocked the village of al-Kastan in

offsite link ?It is disease that makes health sweet and good? Mon Apr 06, 2020 22:41 | amarynth
by Pepe Escobar – posted with permission.  How Heraclitus, the Riddler, may teach us to fight Covid-19 He was known as ?the Riddler.? Even ?the Dark.?  Heraclitus of Ephesus was one

offsite link The Saker Blog needs your help! Mon Apr 06, 2020 04:08 | The Saker
Dear friends, As I have explained recently, the Saker Community, the Saker blog and my family have been negatively affected by the SARS-COV-2/COVID19 pandemic.  Even though most of us are

offsite link Moveable Feast Cafe 2020/04/06 ? Open Thread Mon Apr 06, 2020 04:00 | Herb Swanson
2020/04/06 03:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

offsite link Turkish President Calls On Greece To Comply With Human Rights on Syrian Refugee Issues Wed Mar 04, 2020 17:58 | Human Rights

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

offsite link Fijian women still face Human Rights violations Mon Aug 26, 2019 18:49 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
"A flaky website that purports to be ?leftist,? The Cedar Lounge Revolution, occasionally makes a relevant point or two."

offsite link The German model in relation to the crisis? 13:24 Tue Apr 07, 2020 | WorldbyStorm

offsite link Left Lives in 20th Century Ireland ? Launch offer 12:25 Tue Apr 07, 2020 | WorldbyStorm

offsite link An insight into a not uncommon view of the crisis in other parts? 10:30 Tue Apr 07, 2020 | WorldbyStorm

offsite link Our new government? 09:19 Tue Apr 07, 2020 | WorldbyStorm

offsite link Another update from Madrid on the crisis? 15:15 Mon Apr 06, 2020 | WorldbyStorm

Cedar Lounge >>

Government Telling Lies To Protect Apple

category national | economics and finance | press release author Monday September 12, 2016 22:00author by pbp - People Before Profit Report this post to the editors

The political establishment have been left reeling by the size of the award made against Apple. They have launched an all-out propaganda war to try to recover ground.

Here are some of the lies and half truths:

‘The EU is attacking Ireland’s sovereignity’ . The same politicians who meekly accepted orders from the European Central Bank to pay out €64 billion in bank bail-outs have suddenly discovered nationalism.

When it comes to water charges or the privatisation of Aer Lingus they tell us to obey the Brussels bureaucracy. But it is a different story when there is a threat to the ‘tax planning’ industry that is staffed full of accountants and lawyers. Then all of a sudden it is time for the green jersey.

The global elite are under pressure and this is leading to splits and divisions. When this happens they spill the beans on how their system really works.
apple_app_132549_600.jpeg

It is a bit like the row in the Dunnes’ family after Ben Dunne jumped out the window, high on cocaine. As the conflict grew, it eventually emerged that he had paid €2 million to Charles Haughey, the former FF Taoiseach.

Today the EU – for its own reasons – has revealed the shady operations of the Irish state. The political elite would never have told us about it.

We are not the tax collectors for the world.’ Nobody asked Ireland to play this role. However, Irish tax law is deliberately designed to facilitate tax dodging by corporations on a gigantic scale. The Irish state should just collect the €13 billion (plus interest) for its own people.

The arrangement with Apple was perfectly legal’. It probably was – and that is the problem. Irish tax law is written by a right wing establishment to deliberately encourage tax dodging. The US tax rate on profits is 35% and this applies on a global basis.

The Irish elite, however, recognised that US corporations could park their money outside America for decades. They wrote up the tax laws to allow companies to be resident in Ireland but not subject to Irish taxes as long as their Board of Directors met elsewhere.

So US companies have only to claim that their meetings were held in Bermuda to escape US taxes. It was the greatest scam ever –while it lasted!

We have nothing to hide. Well then publish the other 1,000 tax rulings that the Revenue Commissioners gave to corporations as advance notices on their likely tax bill! The EU Commission examined about seven rulings and may eventually publish the details. But if the Irish state has nothing to hide it could make those rulings public now – or at least supply a list of corporations who got them.

If we take the money, foreign investment will flee and there will be no jobs. Just 7 percent of the workforce is employed by foreign multi-nationals. You would think the whole country was working for US companies when they trot out figures – without giving the percentage of the labour force.

These companies are highly unlikely to leave Ireland because it is becoming harder to locate inside the EU – which is what they want – and dodge taxes. Where else will they go?

Moreover, cannot the €13 billion – or more likely €19 Billion – be used to create jobs and change industrial strategy?

For every 1 billion that is invested, 100,000 people could be paid at the minimum wage. Increase the wages and fewer workers might be employed for each billion – but it would be a good start in a real jobs programme.

Related Link: http://www.peoplebeforeprofit.ie/2016/09/government-telling-lies-to-protect-apple/

 #   Title   Author   Date 
   mmm     newsmedia    Wed Sep 14, 2016 02:41 
   real fantasies....     jason    Wed Sep 14, 2016 07:52 
   Re: real fantasies....     T    Wed Sep 14, 2016 21:59 


 
© 2001-2020 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy