Calls for Europe to widen tax haven net to include EU culprits .. inc IRELAND

robut

Well-known member
Joined
Apr 6, 2008
Messages
8,729
Call for Europe to widen tax haven net to include EU culprits

The EU is coming under mounting pressure to include countries within the bloc in its global crackdown on tax havens.

In the European Parliament, the Socialists and Democrats group has tabled an amendment demanding that Luxembourg, the Netherlands, Ireland and Malta — all EU members — should be written into the EU tax haven list.

Richard Murphy of Tax Research told Arab News: “There is plenty of evidence to suggest there are companies in those countries that have no economic substance and are established for tax purposes only.”

He added: “If we want to fight tax avoidance credibly on a global stage, we must also put our own house in order. Why should we care less about states inside of our union that have turned stealing our taxes into their business model?” The UAE, Bahrain and Tunisia were among 17 countries named as facing sanctions following the EU probe. But critics have said the list is undermined by being too selective and turning a blind eye to a number of other countries that should also have been penalized.
Further pressure .. I suppose it all chips away at our one trick pony. And thats the issue? We have no new tricks to teach the pony?
 


Dame_Enda

Well-known member
Joined
Dec 14, 2011
Messages
53,666
Historically we have relied on the UK to help us block this. It will be much harder when they leave. In theory we have a veto but in practice they have ways of punishing us if we don't do what they want. The Irish tax rate is a favourite punchbag of the French, Belgian and German Left and also of Macron. So much for his supposed 'free market' views.

EU Commissioner Margrethe Westager is on Euronews now saying tax should be paid in the country of sale. I disagree. That would be the end of the Irish economy.
 
Last edited:

venusian

Well-known member
Joined
May 26, 2011
Messages
6,834
Call for Europe to widen tax haven net to include EU culprits



Further pressure .. I suppose it all chips away at our one trick pony. And thats the issue? We have no new tricks to teach the pony?
Only the lowest form of political scum support tax dodging i.e. the loony right, FF/FG/"labour" will be upset by the EU's proposal.
At the very least the minimum rate should be applied to MNC's who disgracefully under the auspices of whatever shade of FF/FG/"labour" have been in power and the unsuitable for purpose Dept of Finance and Revenue will kick up a fuss. If the untold riches in taxes were correctly collected by Revenue we would have a better society and be able to generate a fairer and booming economy.
Eight of top 100 multinationals pay no tax on profits | Irish Examiner
Ireland is losing out on billions of euro every year because eight of the 100 most lucrative Irish-based multinationals pay no corporation tax and five more have a tax bill of less than 1%.
 

McTell

Well-known member
Joined
Oct 16, 2012
Messages
6,606
Twitter
No
Only the lowest form of political scum support tax dodging i.e. the loony right, FF/FG/"labour" will be upset by the EU's proposal.//.

It's not like that, if you come from the view that all tax is an imposition.

Richard Murphy represents himself, and the lefties always want more tax to buy votes from the unlettered. If you believe that all property is an imposition, then of course tax is the only way of evening up the score. But it's not how Europe got rich and clever over the centuries, and our default economy is as it was 2,000 years ago, sheep and olives. Your choice.

In particular, we've had a pro-exports 0% tax regime since 1965, as amended to 12.5%. At the time of the Lisbon treaty we were told we had a cast iron guarantee that our taxes would be our own business.


Richard Murphy has been a shade "hibernesque" about his own tax advices....

https://order-order.com/2010/12/06/more-left-wing-tax-hypocrisy-from-richard-murphy/

Ireland undermines investment in South Africa

Murphy was also the founder of a company that became the European distributor for the game Trivial Pursuit.[SUP][4][/SUP] Murphy has since admitted that the manufacturing operation he set up in Ireland to manufacture Trivial Pursuit was there to avoid UK taxation, something of which he is now ashamed and was a turning point in his career towards anti-tax avoidance campaigning.


Murphy's idea that it was our fault that money fled from south africa is out to lunch. Anyone there with a cent and sense wants to get it out of the clutches of Zuma & Co.
 

Analyzer

Well-known member
Joined
Feb 14, 2011
Messages
45,623
Historically we have relied on the UK to help us block this. It will be much harder when they leave. In theory we have a veto but in practice they have ways of punishing us if we don't do what they want. The Irish tax rate is a favourite punchbag of the French, Belgian and German Left and also of Macron. So much for his supposed 'free market' views.

EU Commissioner Margrethe Westager is on Euronews now saying tax should be paid in the country of sale. I disagree. That would be the end of the Irish economy.
Brussels controls EU grant aid which is increasingly a tool for FFGP to reward areas that vote for their stooges.

FFG will capitulate again.

We need to get rid of FFGP.
 

hiding behind a poster

Well-known member
Joined
Mar 8, 2005
Messages
48,197
Only the lowest form of political scum support tax dodging i.e. the loony right, FF/FG/"labour" will be upset by the EU's proposal.
At the very least the minimum rate should be applied to MNC's who disgracefully under the auspices of whatever shade of FF/FG/"labour" have been in power and the unsuitable for purpose Dept of Finance and Revenue will kick up a fuss. If the untold riches in taxes were correctly collected by Revenue we would have a better society and be able to generate a fairer and booming economy.
Eight of top 100 multinationals pay no tax on profits | Irish Examiner
Ireland is losing out on billions of euro every year because eight of the 100 most lucrative Irish-based multinationals pay no corporation tax and five more have a tax bill of less than 1%.
Pity you didn't bother reading your own link:

[FONT=&quot]“For the top 100 companies ranked by tax due, the average effective tax rate was 12.4%,”[/FONT]
 


New Threads

Popular Threads

Most Replies

Top