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So when can we have our Apple money

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By (user no longer on site) OP   
over a year ago

Fintan O'Toole writes a great article in the Irish times today.

FF and FG are an utter disgrace

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By (user no longer on site)
over a year ago

Funny, we didn't mind their tax avoidance when we got jobs from it.

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By (user no longer on site)
over a year ago

As been self employed , this country is a joke , the richer get richer and if you try to get a head , your f anyway they can get ya

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By *s2b3cMan
over a year ago

Dublin


"As been self employed , this country is a joke , the richer get richer and if you try to get a head , your f anyway they can get ya "

Self employed with your own business?

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By (user no longer on site) OP   
over a year ago


"Funny, we didn't mind their tax avoidance when we got jobs from it."

Is that right Enda?

We didn't know so how could we mind?

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By *ub_leitrim_guyMan
over a year ago

Out in the sticks

If we got the money, we could be emailing the Nigerians for a change!!

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By *vsnikkiTV/TS
over a year ago

Limavady

Go on. Tease Angela Merkel. Copy your neighbours. Tell Europe that your tax is your own business and that they can stick membership where the sun doesn't shine.

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By (user no longer on site)
over a year ago

Surely you mean when the troika get the money? Since we will never see a cent of it. Fintan O'toole writes great articles, that ignore certain peranent points, which don't suit him.

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By (user no longer on site)
over a year ago


"Surely you mean when the troika get the money? Since we will never see a cent of it. Fintan O'toole writes great articles, that ignore certain peranent points, which don't suit him. "
.....actually the commission have said that they won't be taking the money to bring down the national debt. It doesn't come under the windfall clause

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By (user no longer on site)
over a year ago


"Funny, we didn't mind their tax avoidance when we got jobs from it.

Is that right Enda?

We didn't know so how could we mind?"

Most people knew they were paying pittance tax

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By (user no longer on site)
over a year ago


"Funny, we didn't mind their tax avoidance when we got jobs from it.

Is that right Enda?

We didn't know so how could we mind?

Most people knew they were paying pittance tax "
..They also knew they were paying a lot of stealth tax....60% fuel tax....not to mention mention illegal tax....vrt...

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By (user no longer on site)
over a year ago

im sure if we ever get our great leaders aka kim jung kenny and co will give themselves a big clap on the back and try to convince us that it was their work well done that secured it

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By (user no longer on site)
over a year ago


"im sure if we ever get our great leaders aka kim jung kenny and co will give themselves a big clap on the back and try to convince us that it was their work well done that secured it "
...lol...but they don't want to secure it...They will go to any lengths to make sure that apple keep their money

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By (user no longer on site)
over a year ago

Have any of ye been reading the news, the Apple money is not owed to Ireland, the money is owed worldwide to various countries. As the Apple holding company/tax avoidance vehicle is headquartered in Ireland, the EC is putting the onus in Ireland to collect this money, other countries, where the tax was evaded can then claim this evaded tax off ireland.

We won't see a bean of it. Don't forget though, that Apple paid taxes on all of their Irish profits!! As well as providing thousands of well paid jobs and as many more spin off jobs!!

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By (user no longer on site)
over a year ago


"Have any of ye been reading the news, the Apple money is not owed to Ireland, the money is owed worldwide to various countries. As the Apple holding company/tax avoidance vehicle is headquartered in Ireland, the EC is putting the onus in Ireland to collect this money, other countries, where the tax was evaded can then claim this evaded tax off ireland.

We won't see a bean of it. Don't forget though, that Apple paid taxes on all of their Irish profits!! As well as providing thousands of well paid jobs and as many more spin off jobs!! "

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By (user no longer on site)
over a year ago

Just imagine if our grasping chased all the other large American investors out of Ireland...

Talk about cutting your nose off to spite your face.

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"Just imagine if our grasping chased all the other large American investors out of Ireland...

Talk about cutting your nose off to spite your face."

They won't leave. Our neighbours did us a favour there and left the EU, now we're the only English speaking country left in the EU and you can be sure they all want access to the EU market.

As for the jobs and the salaries, most of their salaries are at the bottom end of the payment scale. With the living costs in Ireland one can just about survive.

A country that much in debt like Ireland should of course refuse money from a multi billion company. the government could introduce another tax instead, what about a breathing air per person tax? Sure we're the laughingstock of Europe already, we might as well stick with it.

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By (user no longer on site)
over a year ago


"Have any of ye been reading the news, the Apple money is not owed to Ireland, the money is owed worldwide to various countries. As the Apple holding company/tax avoidance vehicle is headquartered in Ireland, the EC is putting the onus in Ireland to collect this money, other countries, where the tax was evaded can then claim this evaded tax off ireland.

We won't see a bean of it. Don't forget though, that Apple paid taxes on all of their Irish profits!! As well as providing thousands of well paid jobs and as many more spin off jobs!! "
....legally. ..Ireland doesn't have to collect anything.. Apple are legally obliged to pay the money to Ireland. ..if they haven't already. We don't know, nor do the politicians know if apple were the only company who set up subsidiaries in Ireland to avoid paying tax. yet they are going to debate it today. Multi national companies set up here to avail of our 12.5% corporate tax rate. That will remain. So I can't see them leaving, unless they get a better deal. Apple and the irish government got caught. Now they have to pay.

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By (user no longer on site)
over a year ago

We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

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By (user no longer on site)
over a year ago


"Surely you mean when the troika get the money? Since we will never see a cent of it. Fintan O'toole writes great articles, that ignore certain peranent points, which don't suit him. .....actually the commission have said that they won't be taking the money to bring down the national debt. It doesn't come under the windfall clause"

One way or another this money is never coming to us. Either it will go off the national debt, or it will go to the countries they avoided paying tax in. It's very rare I'd agree with anything the furher does, but in this case the money is a poisoned chalice. It will never bring any good to us and in the long run will cost us in FDI.

We are only a low tax country for those who can afford to avoid tax.

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By (user no longer on site)
over a year ago


"Have any of ye been reading the news, the Apple money is not owed to Ireland, the money is owed worldwide to various countries. As the Apple holding company/tax avoidance vehicle is headquartered in Ireland, the EC is putting the onus in Ireland to collect this money, other countries, where the tax was evaded can then claim this evaded tax off ireland.

We won't see a bean of it. Don't forget though, that Apple paid taxes on all of their Irish profits!! As well as providing thousands of well paid jobs and as many more spin off jobs!! ....legally. ..Ireland doesn't have to collect anything.. Apple are legally obliged to pay the money to Ireland. ..if they haven't already. We don't know, nor do the politicians know if apple were the only company who set up subsidiaries in Ireland to avoid paying tax. yet they are going to debate it today. Multi national companies set up here to avail of our 12.5% corporate tax rate. That will remain. So I can't see them leaving, unless they get a better deal. Apple and the irish government got caught. Now they have to pay. "

12.5 is a notional figure, it's not the real figure collected. Nor are the headline rates in any other country in the world. The effective rates charged are much lower and similar in most countries. Any change in our effective rate could make us a much less desirable location for FDI.

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By (user no longer on site)
over a year ago


"Surely you mean when the troika get the money? Since we will never see a cent of it. Fintan O'toole writes great articles, that ignore certain peranent points, which don't suit him. .....actually the commission have said that they won't be taking the money to bring down the national debt. It doesn't come under the windfall clause

One way or another this money is never coming to us. Either it will go off the national debt, or it will go to the countries they avoided paying tax in. It's very rare I'd agree with anything the furher does, but in this case the money is a poisoned chalice. It will never bring any good to us and in the long run will cost us in FDI.

We are only a low tax country for those who can afford to avoid tax. "

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By (user no longer on site)
over a year ago


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!! "

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

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By (user no longer on site) OP   
over a year ago


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

"

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

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By *vsnikkiTV/TS
over a year ago

Limavady


"Have any of ye been reading the news, the Apple money is not owed to Ireland, the money is owed worldwide to various countries. As the Apple holding company/tax avoidance vehicle is headquartered in Ireland, the EC is putting the onus in Ireland to collect this money, other countries, where the tax was evaded can then claim this evaded tax off ireland.

We won't see a bean of it. Don't forget though, that Apple paid taxes on all of their Irish profits!! As well as providing thousands of well paid jobs and as many more spin off jobs!! ....legally. ..Ireland doesn't have to collect anything.. Apple are legally obliged to pay the money to Ireland. ..if they haven't already. We don't know, nor do the politicians know if apple were the only company who set up subsidiaries in Ireland to avoid paying tax. yet they are going to debate it today. Multi national companies set up here to avail of our 12.5% corporate tax rate. That will remain. So I can't see them leaving, unless they get a better deal. Apple and the irish government got caught. Now they have to pay. "

Starbucks channeled profits through Ireland.

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By (user no longer on site)
over a year ago


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

"

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

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By *s2b3cMan
over a year ago

Dublin


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical. "

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

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By (user no longer on site)
over a year ago

Maybe they could give everyone in the audience a new CrApple iphone 7+ to say sorry...?

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles. "

Necessary???

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By *s2b3cMan
over a year ago

Dublin

People also neglect to mention that certain entities who avoid tax(legal) pay DOUBLE the corporation tax at 25%!

The media don't mention that, ever!

If you're only knowledge on what these major corporations do is based on the media then your information is misinterpreted and shortcoming because they twist it for the headlines.

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By *s2b3cMan
over a year ago

Dublin


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary??? "

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper...

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By *s2b3cMan
over a year ago

Dublin


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper..."

To elaborate a little, securitisation helps the economy grow by freeing up capital for banks to make new loams and mortgages. If it wasn't there, no mortgage, and the bank would have seriously limited funds to help ordinary people, especially when people default on them.

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper..."

I can't really see a connection between corporate tax avoidance and people getting a mortgage. You lost me there.

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By *s2b3cMan
over a year ago

Dublin


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper...

I can't really see a connection between corporate tax avoidance and people getting a mortgage. You lost me there.

"

It's not corporation tax avoidance, they pay double that. I'll message later and explain, I'm just in work now.

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper...

To elaborate a little, securitisation helps the economy grow by freeing up capital for banks to make new loams and mortgages. If it wasn't there, no mortgage, and the bank would have seriously limited funds to help ordinary people, especially when people default on them."

The banks don't help ordinary people. Securitisation is a sharp double sided sword that gets easily out of control if it's not regulated and supervised. Ireland doesn't have a strong record in financial control and regulation.

Still can't see the link to corporate tax

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By (user no longer on site)
over a year ago

Plus with that , how much money did Apple get to start up from IDA

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By *s2b3cMan
over a year ago

Dublin


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper...

To elaborate a little, securitisation helps the economy grow by freeing up capital for banks to make new loams and mortgages. If it wasn't there, no mortgage, and the bank would have seriously limited funds to help ordinary people, especially when people default on them.

The banks don't help ordinary people. Securitisation is a sharp double sided sword that gets easily out of control if it's not regulated and supervised. Ireland doesn't have a strong record in financial control and regulation.

Still can't see the link to corporate tax"

The only way you can say the banks never help ordinary people is they've never given out a loan...

And i think people forget to take ownership on their own crap, living beyond their means, getting a loan, defaulting and expecting to keep their house. The rest of us plan carefully and manage our finances in a strict way, if some can't do it or take risks, accept the consequences.

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper...

To elaborate a little, securitisation helps the economy grow by freeing up capital for banks to make new loams and mortgages. If it wasn't there, no mortgage, and the bank would have seriously limited funds to help ordinary people, especially when people default on them.

The banks don't help ordinary people. Securitisation is a sharp double sided sword that gets easily out of control if it's not regulated and supervised. Ireland doesn't have a strong record in financial control and regulation.

Still can't see the link to corporate tax

The only way you can say the banks never help ordinary people is they've never given out a loan...

And i think people forget to take ownership on their own crap, living beyond their means, getting a loan, defaulting and expecting to keep their house. The rest of us plan carefully and manage our finances in a strict way, if some can't do it or take risks, accept the consequences."

Beside that I completely disagree with your Micheal Noonan approach regarding ordinary peoples debt and having lived over their means - I'd say with a crunchy 26years you still have to prove your own financial track record - you still failed to draw the connection between corporate tax and securitisation

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By (user no longer on site)
over a year ago

Did you read what Nigel farage had to say in the Irish times today

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By *s2b3cMan
over a year ago

Dublin


"

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper...

To elaborate a little, securitisation helps the economy grow by freeing up capital for banks to make new loams and mortgages. If it wasn't there, no mortgage, and the bank would have seriously limited funds to help ordinary people, especially when people default on them.

The banks don't help ordinary people. Securitisation is a sharp double sided sword that gets easily out of control if it's not regulated and supervised. Ireland doesn't have a strong record in financial control and regulation.

Still can't see the link to corporate tax

The only way you can say the banks never help ordinary people is they've never given out a loan...

And i think people forget to take ownership on their own crap, living beyond their means, getting a loan, defaulting and expecting to keep their house. The rest of us plan carefully and manage our finances in a strict way, if some can't do it or take risks, accept the consequences.

Beside that I completely disagree with your Micheal Noonan approach regarding ordinary peoples debt and having lived over their means - I'd say with a crunchy 26years you still have to prove your own financial track record - you still failed to draw the connection between corporate tax and securitisation"

With my 26 years I've been through a lot more hardship than most regarding financial status, most people don't live off food stamps given by a charity during their entire life, living day to day as skin and bone because they can't afford to eat.

In my 26 years I've come a lot further than most have come in their entire lives so I'm well aware of the financial hardship and struggle.

You keep speaking of the corporation tax and securitisation but you're making no point about it. I've already said certain entities are set up in such a way they avoid tax, but pay double corporation tax. I've made my point already.

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By *s2b3cMan
over a year ago

Dublin

And those entities buy the bad debt off the banks so that they can offer new loans to people they would have had previously had no choice but to reject.

Securitisation - corporation tax - mortgages = connection

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By *rancis0741Man
over a year ago

DUBLIN

Lots of ranting here on this topic. Fintan O Toole=anti establishment, not an impartial writer.

Area is a v complex one, we have one of the best track records worldwide on FDI- we need all those jobs and more, they generally pay well , except for call centres, and spin off enormous. European neighbors jealous of our success with FDI, remember Sarkosy trying to squeeze us on it as part of the bailout negotiations

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By *s2b3cMan
over a year ago

Dublin

Ireland is also a world leader in aircraft leasing, paying great salaries to Irish employees and employing thousands..

How do you think a lot of these aircrafts are leased? Through securitisation.

The media won't touch on the subject because it defeats their argument in less than a second.

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By *s2b3cMan
over a year ago

Dublin

It also forgets that charities benefit massively when these spv entities go into liquidation, the remaining money is donated to them and Matheson (naming ONE firm helping set up these entities) has donated well over 100k in just a few years.

Know both sides before you debate

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By (user no longer on site)
over a year ago


"People also neglect to mention that certain entities who avoid tax(legal) pay DOUBLE the corporation tax at 25%!

The media don't mention that, ever!

If you're only knowledge on what these major corporations do is based on the media then your information is misinterpreted and shortcoming because they twist it for the headlines. "

Now i'm lost. Can you explain?

First...why 'neccessary' and second why do some pay double?

Genuinely interested

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By *s2b3cMan
over a year ago

Dublin


"People also neglect to mention that certain entities who avoid tax(legal) pay DOUBLE the corporation tax at 25%!

The media don't mention that, ever!

If you're only knowledge on what these major corporations do is based on the media then your information is misinterpreted and shortcoming because they twist it for the headlines.

Now i'm lost. Can you explain?

First...why 'neccessary' and second why do some pay double?

Genuinely interested "

I honestly don't think I can keep going tbh lol

I was just trying to give the other side of the argument because people didn't seem to actually understand what the benefits of these structures are. I explained tge necessary part and why they pay 25% I don't know.. I've never looked into it.

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By (user no longer on site)
over a year ago

You are talking in riddles. Explain yourself and we might get your point?

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"You are talking in riddles. Explain yourself and we might get your point?"

I'm glad to hear I'm not the only one who can't make any sense of it...

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By (user no longer on site)
over a year ago

I look at this stuff far more simply

All the while they are providing jobs and a service - they're grand

Let them all argue amongst themselves and go to court and appeal and delay.

Meanwhile people have jobs and can buy phones

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By *s2b3cMan
over a year ago

Dublin


"You are talking in riddles. Explain yourself and we might get your point?"

Are you serious? you can't explain something to people who have absolutely zero knowledge on the subject because it's so complex, I don't have all day to explain every reasoning and it's why so many ignorant comments are made after people "read the paper". Journalists are the biggest idiots, no insight into anything.

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"People also neglect to mention that certain entities who avoid tax(legal) pay DOUBLE the corporation tax at 25%!

The media don't mention that, ever!

If you're only knowledge on what these major corporations do is based on the media then your information is misinterpreted and shortcoming because they twist it for the headlines.

Now i'm lost. Can you explain?

First...why 'neccessary' and second why do some pay double?

Genuinely interested

I honestly don't think I can keep going tbh lol

I was just trying to give the other side of the argument because people didn't seem to actually understand what the benefits of these structures are. I explained tge necessary part and why they pay 25% I don't know.. I've never looked into it.

"

Ahh you can't even explain why they pay double, but you believe they do. Hahaha I'd love to know where you get your information from. Also what do you mean by 'entities'?

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By *s2b3cMan
over a year ago

Dublin


"People also neglect to mention that certain entities who avoid tax(legal) pay DOUBLE the corporation tax at 25%!

The media don't mention that, ever!

If you're only knowledge on what these major corporations do is based on the media then your information is misinterpreted and shortcoming because they twist it for the headlines.

Now i'm lost. Can you explain?

First...why 'neccessary' and second why do some pay double?

Genuinely interested

I honestly don't think I can keep going tbh lol

I was just trying to give the other side of the argument because people didn't seem to actually understand what the benefits of these structures are. I explained tge necessary part and why they pay 25% I don't know.. I've never looked into it.

Ahh you can't even explain why they pay double, but you believe they do. Hahaha I'd love to know where you get your information from. Also what do you mean by 'entities'?

"

Also, "Ahh you can't explain why the sky is blue, but you believe it is. Hahaha".... And, done.

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By (user no longer on site)
over a year ago

You may have a point...from your insider(ish) position but please outline it.. Rather than talking around something and saying it's too complex for the thickos to understand. If you understand something well you should be able to explain it in a simplified way. If you dont you will resort to calling your audience idiots.

Apart from how the different taxes are named...i think that's the rub...what is total net percentage paid?...

And why is that helping us? More indebted slaves for the banks keeping up with the jones?

I agree that the media are generally wankers so please let the truth set us free

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By *oghunter33Woman
over a year ago

on the hill NordWest of


"People also neglect to mention that certain entities who avoid tax(legal) pay DOUBLE the corporation tax at 25%!

The media don't mention that, ever!

If you're only knowledge on what these major corporations do is based on the media then your information is misinterpreted and shortcoming because they twist it for the headlines.

Now i'm lost. Can you explain?

First...why 'neccessary' and second why do some pay double?

Genuinely interested

I honestly don't think I can keep going tbh lol

I was just trying to give the other side of the argument because people didn't seem to actually understand what the benefits of these structures are. I explained tge necessary part and why they pay 25% I don't know.. I've never looked into it.

Ahh you can't even explain why they pay double, but you believe they do. Hahaha I'd love to know where you get your information from. Also what do you mean by 'entities'?

You didn't even know they paid double so I'm more embarrassed that you're trying to act intelligent.

Believe they do? They do.. My God, idiocy at its best when you have no idea what you're talking about and try to make others look dumb.

My information is that I'm a manager dealing with the everyday legal issues of these entities (I'm explaining nothing more to a black hole - Google it).

Why do ignorant people feel the need to try and put you down when they feel intimidated by your knowledge? When I tried to help and they don't get it, they get rude. Grow up."

I'm not sure who's getting rude here and it's also not very intelligent to insult people if they can't follow your rather crude 'explanations'. Further I didn't ask for help. I asked two simple questions you couldn't/wouldn't answer. Other than that I was simply discussing on topic respectively expressing my opinion.

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By (user no longer on site)
over a year ago


"We will only get 1.5 billion of that tax windfall if it happens. The rest is due to other governments thoughout the world. Im still amazed by this nations belief in the written word. Some journalist with an agenda and a deep seated bias writes an article and the place goes mental. Are we as a nation willing to threaten the tens of thousands of jobs provided by the multi national corporations for 1.5 billion euros? Future generations would never forgive us. Rant over!!

I dont usually side with tabliid socialism but...

If that's true it's still 1.5 billion cash money rather than paying for a big expensive court case.

Is the report available?

Yes. Let's have 1.5bn

And let's see those involved be they TDs or civil servants charged with making illegal sweetheart deals.

@Nofeckinaccountabilitu

They aren't illegal apparently, they are just unethical.

When we avoid tax it's a crime, when rich people do it, it's unethical.

Incorrect

Tax avoidance is not a a crime, tax evasion is a crime, this is why these corporate structures are allowed do what they do, and it's necessary despite the ignorant media articles.

Necessary???

Yes absolutely, thousands of people in Ireland wouldn't be allowed a mortgage if it wasn't.

Irish media are so negative on this and have told many lies as ive read it myself. Read into it and you'll understand it, without using a tabloid newspaper...

To elaborate a little, securitisation helps the economy grow by freeing up capital for banks to make new loams and mortgages. If it wasn't there, no mortgage, and the bank would have seriously limited funds to help ordinary people, especially when people default on them.

The banks don't help ordinary people. Securitisation is a sharp double sided sword that gets easily out of control if it's not regulated and supervised. Ireland doesn't have a strong record in financial control and regulation.

Still can't see the link to corporate tax

The only way you can say the banks never help ordinary people is they've never given out a loan...

And i think people forget to take ownership on their own crap, living beyond their means, getting a loan, defaulting and expecting to keep their house. The rest of us plan carefully and manage our finances in a strict way, if some can't do it or take risks, accept the consequences."

I'm sorry but that's complete BS. Those who default on their mortgages lose their properties. Corporate entities don't. They get their debt restructured, then get tax right off's based on that restructuring and pocket the difference. The banking system in no way benefits ordinary tax payers. It serves itself, it's bond holders and after that corporate greed. We wouldn't need the mortgages we do if the banks and developers weren't working hand in hand to artificially create the housing prices we have.

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By *ildatlantic3wayCouple
over a year ago

donegal

We should not take the soup.

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By (user no longer on site)
over a year ago

It's an absolute disgrace they would lock you up for no tv license but wont take billions from apple thats is rightfully the tax payers money when the country is on its arse!!!

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