RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: The good: Ireland's employment minister defends his country's tax status Tue Sep 02, 2014 10:41 pm | |
| The Irish government has defended its low corporate tax rate that has seen multinational tech companies shift billions of Australian profits offshore.
Irish jobs minister Richard Bruton, who is in Australia on a five-day trade and investment mission, said the tax minimising strategies of tech companies such as Google and Apple were a symptom of the digital economy and not one country's tax rate.
"The issue with Google and Apple is - how do you price and identify and tax digital matters?" he said.
"All tax codes have to change to deal with this ... It's not an Irish issue, it's not a Dutch issue ... it's an international problem."
http://www.smh.com.au/national/irelands-employment-minister-defends-his-countrys-tax-status-20140902-10awhd.html |
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