this post was submitted on 10 Sep 2024
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It sounds so bizarre that Ireland has been fighting in court to avoid having to receive €13bn from Apple.
Because its main export was/is being a tax haven inside the EU.
But like, what financial benefits do they get from this? Like the country itself. I'm really bad in this area. Like, do they buy property or set up a thin business? Does that pull in enough?
As i see it, not an expert:
Basically, the plan goes back to the early 2000s. Irland did not have much tech industry and positioned itself as an English speaking country cheaper and more friendly than the UK, giving mostly US companies an easy place to enhance their EU business.