Ireland pledges crackdown on tax avoidance by Apple, Facebook, Google
Source: Irish Independent
In a year when the Government has faced repeated attacks over a low corporation tax rate and its popularity with global brands such as Apple, Facebook and Google, the Government has moved to rebuild its reputation abroad.
With a declaration that the 12.5% level will not be touched, Finance Minister Michael Noonan revealed new strategies will be put out to stop multinational corporations being "stateless" for tax purposes.
"Let me be crystal clear. Ireland wants to be part of the solution to this global tax challenge, not part of the problem," Mr Noonan said.
... It is seen in some circles as a way of ending the notorious practice of companies being headquartered in Ireland and paying low tax levels here and offshore.
Read more: http://www.independent.ie/irish-news/tax-avoidance-crackdown-pledged-29662222.html
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