On: Irish finance minister calls €14B tax windfall from Apple 'transformational'

[dotps1]

Before the ruling Apple was paying about 8B in taxes per year to Ireland.

If multinational corporations are no longer able to do a Double-Irish Dutch Sandwich anymore, it doesn't make sense to stay there.

Which means the future losses in a single year from several large multinational corporations leaving will be larger than this one payment.

[quitit → dotps1]

>Before the ruling Apple was paying about 8B in taxes per year to Ireland.

> If multinational corporations are no longer able to do a Double-Irish Dutch Sandwich anymore, it doesn't make sense to stay there.

That figure isn't going to change, nor are companies going to be running out of Ireland - the tax strategy has been shut down for more than a decade. Ireland has other features which make it attractive to US businesses, including strong historical ties and being the remaining English speaking member of the EU.

[docdeek → quitit]

Malta is the other EU state with English as an official/national language.

[SllX → dotps1]

Double Irish with a Dutch Sandwich has been dead and replaced several times over for years.