Of course Google used the double Irish. Who wouldn't when they could legally avoid a bunch of taxes. Do YOU voluntarily pay three times the amount you're legally required to?
The double Irish was closed off by law 2018- January 2020. (No new ones after 2018, companies already set up that way got a year to change their corporate structure.)
I'm not going to dislike them for taking advantage of tax laws to minimize their burden. I do the same with my personal finances and so does everyone else assuming they know how to do it themselves or hire someone else who's aware of various exemptions or deductions available.
What pisses me off is when these snakes do this while saying that they want a corporate tax hike [slashdot.org]. Close the "loopholes" you take advantage of first if it's such a big problem and then we can talk. Also stop asking cities to eliminate property taxes in exchange for opening an office there.
I'm not going to dislike them for taking advantage of tax laws to minimize their burden. I do the same with my personal finances and so does everyone else assuming they know how to do it themselves or hire someone else who's aware of various exemptions or deductions available.
What pisses me off is when these snakes do this while saying that they want a corporate tax hike [slashdot.org]. Close the "loopholes" you take advantage of first if it's such a big problem and then we can talk. Also stop asking cities to eliminate property taxes in exchange for opening an office there.
Except the Googles of the world wont ever do that. A corporate tax hike is after all to their advantage.
1) Its plays all the right notes for the ignorant masses - see look at google the understand my struggle and trying to make things more fair. It of course baloney but that does not matter.
2) They know any hikes will fall disproportionately on smaller competitors, you know the kind that don't have a large army of tax attorneys and financial engineers to spot loop holes and arbitrage opportunities like thi
They can ask for a loopholes to be closed while still taking advantage of them while they're there. Not doing so would put them in an uneven playing field versus any potential competitors.
IE, I'm against UBI, but you can bet if they started issuing checks I'll take one, because if my taxes are paying to issue them I might as well take what amount of it I can back otherwise I'm just shorting myself compared to others.
Top Ten Things Overheard At The ANSI C Draft Committee Meetings:
(5) All right, who's the wiseguy who stuck this trigraph stuff in
here?
Of course they did. Everyone did. No more (Score:5, Insightful)
Of course Google used the double Irish.
Who wouldn't when they could legally avoid a bunch of taxes. Do YOU voluntarily pay three times the amount you're legally required to?
The double Irish was closed off by law 2018- January 2020.
(No new ones after 2018, companies already set up that way got a year to change their corporate structure.)
Re:Of course they did. Everyone did. No more (Score:5, Insightful)
What pisses me off is when these snakes do this while saying that they want a corporate tax hike [slashdot.org]. Close the "loopholes" you take advantage of first if it's such a big problem and then we can talk. Also stop asking cities to eliminate property taxes in exchange for opening an office there.
Re: (Score:3)
I'm not going to dislike them for taking advantage of tax laws to minimize their burden. I do the same with my personal finances and so does everyone else assuming they know how to do it themselves or hire someone else who's aware of various exemptions or deductions available.
What pisses me off is when these snakes do this while saying that they want a corporate tax hike [slashdot.org]. Close the "loopholes" you take advantage of first if it's such a big problem and then we can talk. Also stop asking cities to eliminate property taxes in exchange for opening an office there.
I wish I had mod points for this comment.
Re: (Score:2)
Except the Googles of the world wont ever do that. A corporate tax hike is after all to their advantage.
1) Its plays all the right notes for the ignorant masses - see look at google the understand my struggle and trying to make things more fair. It of course baloney but that does not matter.
2) They know any hikes will fall disproportionately on smaller competitors, you know the kind that don't have a large army of tax attorneys and financial engineers to spot loop holes and arbitrage opportunities like thi
Re: (Score:2)
They can ask for a loopholes to be closed while still taking advantage of them while they're there. Not doing so would put them in an uneven playing field versus any potential competitors.
IE, I'm against UBI, but you can bet if they started issuing checks I'll take one, because if my taxes are paying to issue them I might as well take what amount of it I can back otherwise I'm just shorting myself compared to others.