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 The good: Ireland's employment minister defends his country's tax status

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RR Phantom

RR Phantom

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The good: Ireland's employment minister defends his country's tax status Vide
PostSubject: The good: Ireland's employment minister defends his country's tax status   The good: Ireland's employment minister defends his country's tax status Icon_minitimeTue 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.

The good: Ireland's employment minister defends his country's tax status Article%20Lead%20-%20narrow6097483310bnzx1409670313582.jpg-300x0

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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