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Anti-Empire

Anti-Empire

offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

offsite link Turkey Has Sent Ukraine Cluster Munition... Thu Jan 12, 2023 00:26 | Jack Detsch

offsite link New Israeli Government Promises to Talk ... Tue Jan 10, 2023 21:13 | Al Majadeen

offsite link Russia Training Iranian Pilots Ahead of ... Tue Jan 10, 2023 15:19 | The Times of Israel

offsite link Lukashenko Abolishes Copyright Protectio... Tue Jan 10, 2023 15:05 | Nikki Main

Anti-Empire >>

The Saker
A bird's eye view of the vineyard

offsite link Douglas Macgregor ? We are co Belligerents Sat Jan 28, 2023 17:29 | The Saker

offsite link The West Has Lost Already (Gonzalo Lira) Sat Jan 28, 2023 17:01 | The Saker

offsite link Some Thoughts about Neutrality and Peaceful Multi-Ethnicity Sat Jan 28, 2023 16:19 | The Saker
By Eduard Rosel for the Saker blog The emissary from Kiev to the WEF in Davos, Switzerland, Olena Zelenska, the wife of the Ukrainian President, said in Davos to an

offsite link The Next Stage in Western Escalation Fri Jan 27, 2023 20:00 | The Saker
by Batiushka for the Saker blog Introduction: The Story So Far So far the US has carried out regime changes and created military conflicts in countries friendly to or important

offsite link ?Doomsday clock?: 90 seconds to midnight Fri Jan 27, 2023 15:06 | The Saker
by Pepe Escobar for PressTV, cross posted with the author’s permission The Doomsday Clock, set by the US-based magazine Bulletin of the Atomic Scientists, has been moved to 90 seconds

The Saker >>

Lockdown Skeptics

The Daily Sceptic

offsite link Scientists Struggle to Understand Why Antarctica Hasn?t Warmed for Over 70 Years Despite Rise in CO2 Sun Jan 29, 2023 07:00 | Chris Morrison
Scientists are scrambling to explain why the continent of Antarctica has shown Net Zero warming for at least the last seven decades, writes Daily Sceptic Environment Editor, Chris Morrison.
The post Scientists Struggle to Understand Why Antarctica Hasn?t Warmed for Over 70 Years Despite Rise in CO2 appeared first on The Daily Sceptic.

offsite link News Round-Up Sun Jan 29, 2023 00:37 | Nick Dixon
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the virus and the vaccines, the ?climate emergency? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link In Praise of Boris Johnson?s Stance on Ukraine Sat Jan 28, 2023 17:00 | Noah Carl
Boris Johnson argues that we should give Ukraine longer-range artillery, tanks and perhaps even planes. This is a coherent position. By contrast, the position of Emmanuel Macron and Olaf Scholz makes no sense at all.
The post In Praise of Boris Johnson?s Stance on Ukraine appeared first on The Daily Sceptic.

offsite link About That Project Veritas Scoop Sat Jan 28, 2023 15:17 | Eugyppius
The recent Project Veritas video reveals that the Pfizer/BioNTech vaccine has been a total flop, but the story has been almost totally ignored by American media, and scrubbed from Google search results, writes Eugyppius.
The post About That Project Veritas Scoop appeared first on The Daily Sceptic.

offsite link Britain Isn?t Doomed ? It?s Always Like This Sat Jan 28, 2023 13:00 | Nick Dixon
If you think you?re living through the worst of times today, think again ? it?s usually like this, claims Tom McTague in Unherd.
The post Britain Isn?t Doomed ? It?s Always Like This appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link Two European Union states poised to sever diplomatic relations with Russia Thu Jan 26, 2023 16:09 | en

offsite link The Whole of Europe Turned Into a Battlefield, by Manlio Dinucci Tue Jan 24, 2023 07:26 | en

offsite link The war in Ukraine to maintain the European Union under tutelage, by Thierry Mey... Tue Jan 24, 2023 06:59 | en

offsite link "Voltaire, International Newsletter" N°24 Mon Jan 23, 2023 06:55 | en

offsite link Russia calls for Angela Merkel and François Hollande to be put on trial Thu Jan 19, 2023 08:37 | en

Voltaire Network >>

DDCI Calls for Oireachtas Debate; Full Review of Tax Ruling Practices by the Revenue Commissioners

category national | economics and finance | press release author Sunday September 04, 2016 22:55author by DDCI - Debt And Development Coalition Ireland Report this post to the editors

DDCI Calls for Oireachtas Debate; Full Review of Tax Ruling Practices by the Revenue Commissioners Following Today’s EC Apple State Aid Ruling

Following today’s decision by the European Commission that Apple was granted illegal state aid, Debt and Development Coalition Ireland (DDCI) is calling for a full Oireachtas debate to take place before any decision is made to contest the ruling in the European Courts.

The details of the revenue seemingly voluntarily foregone by the Irish state are truly astonishing, with Apple paying an effective tax rate of 0.005% in 2014 and reports of 13 billion EUR foregone in the period 2003-2014. This is particularly remarkable given the austerity policies ordinary Irish citizens were facing during much of this period.
rotton_apple.jpg

DDCI is calling for the Public Accounts Committee to undertake a full review of the operation and social cost-benefit of the tax rulings system operated by Revenue.

Today’s news means it is now imperative to investigate the tax rulings system by which Revenue gives away billions in revenues to Apple and other multinational corporations – with no public record, scrutiny or accountability.

Between 2010 and 2012 alone there were 335 rulings issued by Revenue. Due to the lack of transparency about these rulings, there is currently no way to estimate the impact of these further rulings to the exchequer, or to analyse the implications they may have in Ireland, and developing countries.

Specifically, we argue that:

  • Tax rulings should not be open ended, should be costed, and these costs should be included in government estimates.
  • Revenue foregone through tax rulings should be included as expenditure in the government estimates and budget.

DDCI is concerned about gaps in Ireland’s corporate taxation and incentives system, along with its transfer-pricing regime, which facilitate multinational corporations to operate aggressive tax dodging schemes from Ireland that reduce their global liabilities and deny much-needed tax revenues to low-income countries.

Low-income countries lose out enormously when MNCs minimize their taxes through profit-shifting practices and aggressive tax avoidance, operated through countries like Ireland. Altogether, multinationals’ corporate tax avoidance costs poor countries around $100 billion/year, according to UN figures.

DDCI Director, Maeve Bateman, said:

"While the focus of this ruling is on Apple, there are many more tax rulings issued by Revenue we don’t know the details of, with the strong possibility of even more revenue foregone by the exchequer. It is essential that increased transparency and oversight be applied to these secret rulings.

Political representatives, the Public Accounts Committee and the general public need to be able to understand the basis on which companies tax liabilities are calculated. Today’s decision makes it clear that keeping these decisions behind closed doors has been a costly mistake.

Today, the world’s attention is on Ireland. However, this ruling could have significant implications for developing countries. A full review of the use of Irish tax rulings by multinational corporations would be a valuable first step in closing gaps in Ireland’s corporate taxation regime, and would reduce the outflow of revenue from developing countries."

For more information see DDCI’s policy paper ‘Corporate Tax Secrecy and the State: The Apple Case in Ireland’ first released in October 2015, and available below: See the PDF or at DDCI http://www.debtireland.org/download/pdf/20151023141734.pdf

Related Link: http://debtireland.org/news/2016/08/30/ddci-calls-for-oireachtas-debate-full-review-of-ta/

PDF Document Corporate Tax Secrecy and the State: The Apple Case in Ireland. Oct 2015 2.66 Mb


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