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#corporationtax — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #corporationtax, aggregated by home.social.

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  1. europesays.com/ie/702103/ Corporate tax disclosures reveal gulf between payments by tech giants and other multinationals – The Irish Times #Accenture #Apple #BankOfAmerica #boots #Business #CorporationTax #Éire #IE #Ireland #Microsoft

  2. Donald Trump may have been Britain-baiting, but his statement on unity still mattered – The Irish Times

    US president Donald Trump may have been Britain-baiting with his remarks about how he “would love to see”…
    #EuropeSays #Britain #Europe #EU #BillClinton #corporationtax #DonaldTrump #dup-links #gerry-adams #Iran #irish-open #micheal-martin #northern-ireland #shane-lowry #SinnFein #UK #UnitedStates
    europesays.com/britain/124237/

  3. News Headlines | Central Bank Governor warns against spending overruns

    AI generated summary, Read the full article for complete information.

    Ahead of Budget 2027, Central Bank Governor Gabriel Makhlouf warned Finance Minister Simon Harris that continued budget‑spending overruns could swell the public‑finance deficit to €25.7 billion by 2030 (up from an underlying €20.4 billion), especially as half of Ireland’s corporation‑tax revenue comes from multinational activity that is highly unstable and is now concentrated in just ten firms that contributed 56 % of payments last year. With corporation tax already accounting for 23 % of general‑government revenue, Makhlouf cautioned against relying on this “potentially vulnerable” source to fund permanent spending increases, urging the government to broaden the tax base and trim exemptions. He also highlighted the broader fiscal risk posed by Ireland’s €210 billion national debt, noting that the annual interest bill is expected to double to €6 billion, and called for debt‑as‑a‑share‑of‑GDP to remain a key policy focus, while expressing optimism that sound policy choices could steer the economy through a turbulent international environment.

    Read more: rte.ie/news/business/2026/0713

    #GabrielMakhlouf #SimonHarris #CentralBank #Ireland #Corporationtax

  4. Three multinationals pay 46% of Ireland’s Corporation Tax.

    Ireland’s fiscal watchdog has estimated that almost half of the Corporation Tax collected by the State is paid by three multinational companies.

    The three multinationals are not named but they are understood to be Apple, Microsoft and pharmaceutical group Eli Lilly.

    mediafaro.org/article/20260219

    #Ireland #CorporationTax #Business #Tax #IFA #Apple #Microsoft #EliLilly #Tech #Pharma #Pharmaceutical

  5. 💼 What is the UK Corporation Tax Rate for Property Investment Companies in 2025? 📊

    ✅ The standard UK corporation tax rate is 25%, but small profits (under £50k) may qualify for 19%.
    ✅ Property investment companies are taxed on rental profits & capital gains.
    ✅ Smart tax planning can reduce liabilities—speak to an expert!

    #UKTax #CorporationTax #PropertyInvestment #WealthManagement #TaxPlanning

    📥 Free UK Property Tax eBook: zurl.co/j0v1z

  6. 💼 What is the UK Corporation Tax Rate for Property Investment Companies in 2025? 📊

    ✅ The standard UK corporation tax rate is 25%, but small profits (under £50k) may qualify for 19%.
    ✅ Property investment companies are taxed on rental profits & capital gains.
    ✅ Smart tax planning can reduce liabilities—speak to an expert!

    #UKTax #CorporationTax #PropertyInvestment #WealthManagement #TaxPlanning

    📥 Free UK Property Tax eBook: zurl.co/j0v1z

  7. Here's @gavreilly's potted summary:

    • European Commission claimed in 2016 that Ireland had a sweetheart deal giving unfair tax treatment to Apple, ordering €13bn repayment

    • Ireland said EU misunderstood Irish law and appealed

    • EU’s lower court sided with Ireland; EC appealed

    • EU’s highest court sides with EC

    "The total net value of the escrow fund stood at €13.77 billion at the end of 2023."

    :pika: 🥴

    #Budget25 #GE24 #Apple #Ireland #EU #CorporationTax #Tax #MastoDaoine

  8. Successive Irish governments have fought this legal battle, tooth and nail. Now, there's a Budget coming up, soon to be followed by a General Election, so I can only assume that, in between, the government intends on celebrating Hallowe'en by placing the €13bn+ in a field and setting it on fire.

    #Budget25 #GE24 #Apple #Ireland #EU #CorporationTax #Tax #MastoDaoine

  9. It is perfectly plausible to abolish #incometax, #capitalgainstax, #corporationtax, #vat, #inheritancetax, #nationalinsurance and any other imposts on production and wealth *creation*. The #singletax on land values and economic rents of #henrygeorge can easily fill the gap.

  10. #Starbucks paid £7.2m in #UK #CorporationTax despite gross profit of £149m -

    Its UK division, which has faced years of criticism for paying very little to the Treasury, paid £40.4m in royalty and licensing payments to a parent company, more than five times the amount it paid in tax to HM Revenue and Customs
    theguardian.com/business/2024/
    #ToryPoliciesInAction

  11. I think the penny is starting to drop in Ireland that raising the corporation tax rate (from 12.5% to 15%) will raise the revenue from corporation tax.

    Seems obvious, right, but the orthodox ideology states that if you touch the existing rate in any way, or even talk about it, corporates will flee, resulting in a collapse in tax take. Under this narrative, corporates are like nervous horses — rather than the calculating sharks they are. Cheaper is still cheaper.

    #tax #corporationtax #Ireland

  12. FT's discussion of possible futures for UK #taxes has now moved to #corporationtax.

    Their preferred position is to retain the 'full expensing' for #investment (all costs of investment can be deducted from #tax), while removing allowances for interest payments on #debt.

    The hope is this will shift firms' attention from loans to internally funded investment to help deal with the UK's #productivity problem.

    It also plays to the FT's overall position on tax simplification!

    Might make sense?

  13. In #Switzerland, voters supported #carbon neutrality by 2050, and a 15% #tax for multinational firms, despite having one of the world's lowest corporate rates.

    Swiss direct democracy model: 100k signatures for a new law #referendum & 50k for an optional referendum. This system significantly moderates every political decision in the country.

    #NetZero #CorporationTax
    swissinfo.ch/eng/politics/resu

  14. Swiss voters back a net-zero climate law and a global minimum tax for multinationals.

    Voters supported the legislation to reach carbon neutrality by 2050 and even more strongly backed adopting a 15% tax rate in a country with some of the world's lowest corporate rates.

    lemonde.fr/en/international/ar

    #Switzerland #Referendum #NetZero #Carbon #Tax #CorporationTax

  15. 💷 Amazon’s main UK division paid no corporation tax last year and received £7m credit

    Campaigners have criticised Amazon for a lack of transparency over its tax bill

    #UK #News #Politics #Amazon #Taxes #CorporationTax

    nationalworld.com/news/politic

  16. This week, we're going to test the proportion that #CorporationTax rates have a material effect on incoming investment... as rate rises from 19%-25%.

    However, all is not as it may seem; #JeremyHunt has also launched 100% #taxrelief on capital investment, which may offer some help to #manufacturing whose CapEx needs are (likely) more pronounced than the #servicesector.

    Q.is whether the tax rise causes any exits from the UK by large mobile firms, or whether #sunkcosts will keep them here anyway?

  17. More small print from the #budget:

    After lobbying by some ministers #JeremyHunt dropped a proposal to require #SoveriegnWelathFunds (SWFs) to pay #CorporationTax

    Once again, we can see who this budget was for; with #incometaxes thresholds not rising with #inflation, lifetime pension allowances raised & other measures, for the most part this was a budget for the rich whether living here, or as in the case of SWFs just investing here.

    No, as Leona Helmsley said: tax is for the little people

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