[governance] Ireland's low tax draws ire

Guru Guru at ITforChange.net
Sun Nov 16 23:53:47 EST 2014


"....The Irish government agreed in October to phase out a widely used 
tax loophole known as the “double Irish” that experts say has saved 
significant money for companies like Google and Microsoft. Policymakers 
in the United States and the European Union also are taking an 
increasingly tough stance toward countries like Ireland and Luxembourg, 
whose low corporate tax rates and complicated tax rules have enticed 
international companies like Amazon, Apple and Intel to locate their 
global operations there. .....  read more on 
http://www.deccanherald.com/content/442002/irelands-low-tax-draws-ire.html


Fair global taxation regime is a critical IG issue.... and such a regime 
will have a salutary effect on the huge power US based transnational 
corporations have and (ab)use, apart from providing much needed funding 
for building infrastructure, enabling democratic IG and other needed items

Guru

-- 
Gurumurthy Kasinathan
Director, IT for Change
In Special Consultative Status with the United Nations ECOSOC
www.ITforChange.Net| Cell:91 9845437730 | Tel:91 80 26654134, 26536890
http://karnatakaeducation.org.in/KOER/en/index.php/Subject_Teacher_Forum

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