Mantras and Myths: A True Picture of the Corporate Tax System in Ireland

YouKnowWhatIMeanLike

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Oxfam Ireland has just launched its report on the corporate tax regime in Ireland with the title "Mantras and Myths: A True Picture of the Corporate Tax System in Ireland"

https://www.oxfamireland.org/sites/default/files/upload/pdfs/mantras-myths-final.pdf

It finds that corporations continue to shift billions in profit to and through Ireland to avoid tax even after the 2020 deadline. A practice that does not only cost the Irish taxpayer hundreds of millions each year but is also a key part of a massive global tax avoidance business that deprives the poorest of the poor even more.

“Globally, an estimated $100 billion is lost to developing countries every year because of corporate tax avoidance schemes. This denies the world’s poorest places the additional resources that would make a huge difference by providing the schools, hospitals and infrastructure that lift people out of poverty.”
 


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A global introduction of a Tobin Tax is what's needed to curb some of this.
 

clearmurk

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Oxfam Ireland has just launched its report on the corporate tax regime in Ireland with the title "Mantras and Myths: A True Picture of the Corporate Tax System in Ireland"

https://www.oxfamireland.org/sites/default/files/upload/pdfs/mantras-myths-final.pdf

It finds that corporations continue to shift billions in profit to and through Ireland to avoid tax even after the 2020 deadline. A practice that does not only cost the Irish taxpayer hundreds of millions each year but is also a key part of a massive global tax avoidance business that deprives the poorest of the poor even more.
These sophisticated tax avoidance schemes should be called what they are - tax evasion and corporate money laundering.
 

YouKnowWhatIMeanLike

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Apr 13, 2011
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A global introduction of a Tobin Tax is what's needed to curb some of this.
don't think Feargal O’Rourke is going to subscribe to this plan today. And think about it Cullinan can't even deliver a simple envelope to the correct address can you imagine what they are going to do with the Tobin Tax task?
 
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