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Gladdyu | 6 years ago

Not Google being good - Irish law has been changed such that it's no longer permitted.

"The legislation passed in Ireland in 2015 ends the use of the tax scheme for new tax plans. However, companies with established structures can continue to benefit from the old system until 2020."

https://www.investopedia.com/terms/d/double-irish-with-a-dut...

discuss

order

josefx|6 years ago

> Due largely to international pressure and the publicity surrounding the use of the double Irish with a Dutch sandwich, the Irish finance minister passed measures to close the loopholes in the 2015 budget.

The EU ordered them to collect taxes from Apple after it came out that Apple ran an optimized double Irish with special exceptions (private rulings) granted by the Irish tax office. This law change is the result of them getting caught violating European trade agreements that predate the EU itself.

jiveturkey|6 years ago

> Not Google being good

That goes without saying. What does need to be said is that anti-Google implications should not be taken from this statement.

1. The prior and new behavior is neither good nor bad.

2. That only Google does this is, and should be singled out, is a bit of pitchfork-ism (to be fair, from the article, not your comment). Lots of companies do this and lots of companies will need to stop doing it.

https://www.nytimes.com/2017/11/06/world/apple-taxes-jersey....

stefano|6 years ago

> 1. The prior and new behavior is neither good nor bad.

That depends from which point of view you're looking at it. Technically according to the law? All good. Ethically? Different people will have different opinions, but many would agree that it's bad behaviour. You're a law abiding leech on society, but you're still a leech.

bagacrap|6 years ago

If "being good" means intentionally paying more tax than legally obligated, I don't think any corporation fits the bill.

domador|6 years ago

What if "being good" means "no legal arbitrage" and "no jurisdiction shopping"? What if it means "not really, really going out of your way to find ways to pay less tax, including by buying legislation"?

jsjohnst|6 years ago

> means intentionally paying more tax than legally obligated

You have an unusual definition of “legally obligated” if you feel they were 100% following the law doing this. Sure, it used to be legal in Ireland, but intentionally moving IP to claim revenue in a different tax jurisdiction than where the money was earned was a legal grey area at best.

Proven|6 years ago

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