How Ireland's Tax Loophole Actually Work

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  • Опубликовано: 20 окт 2024

Комментарии • 24

  • @openureyes
    @openureyes 11 месяцев назад +5

    This is absolutely correct as an Irish person the Irish government bends over backwards to make big technological and big pharmaceutical happy while making its working class bend over backwards to make our government happy it's outrageously expensive to live in Ireland we have the highest car ,petrol and diesel prices food,housing, electricity, national gas, just about everything, our young people have no choice but to leave unless they want to live a life here struggling to make ends meet

    • @wafercrackerjack880
      @wafercrackerjack880 5 месяцев назад +1

      Why won't your government do that? The citizen is not innovative, not motivated to create their own big companies. Vast majority of your imports are from big multinationals.
      Im an immigrant here and that's why I know all of these. The only reason Im staying here (bought a house even though Im only here for only 3 years, housing crisis do not affect highly skilled and motivated workers like me) is because of those multinationals. The Irish, if let alone, is backwards and unremarkable. You want your government to not rely on those multinationals? Then start working properly.

    • @prophetseven728
      @prophetseven728 5 месяцев назад

      It a 3rd to 4th less than here in the States. Try having our insane backward government in America. Dems are ruining everything. Prices have gone insane! biden is the worst president we ever had. Even though gas in Europe is expensive. Our jumped in 3 years to Triple the cost. Imagine if yours did the same in such a short period of time. And we have one of the Largest Oil Reserves in the United States.

    • @Eoin-B
      @Eoin-B Месяц назад +1

      @@wafercrackerjack880 Cool story bro

  • @gtmoore380
    @gtmoore380 11 месяцев назад +3

    You have given one of the best explanations of the double irish tax loophole I have seen, coming from an Irish person here.

  • @declanmcardle
    @declanmcardle 11 месяцев назад +3

    You should post the GNI figures as that's more representative regarding what people really get paid - and post median, not mean.

  • @romulus1136
    @romulus1136 5 месяцев назад +1

    This Channel is so underrated ✋🏻

  • @gutsandgrittv5076
    @gutsandgrittv5076 5 дней назад

    Is pension possible as a self employed person?

  • @KEEVVY
    @KEEVVY 6 месяцев назад +2

    So why now irland wants to tax youtubers from other country, same for youtube, why the companies don’t pay the tax because they take almost half even from kids, like if a kid makes those 100$ US & Ireland wants a cut

  • @svart7716
    @svart7716 11 месяцев назад +8

    Ireland may have a high GDP per capita. But it doesn’t produce anything..

    • @9mrrob
      @9mrrob 11 месяцев назад +4

      Of coarse they produce stuff 😅

    • @RazorMouth
      @RazorMouth 11 месяцев назад +4

      Ireland per capita is the largest exporter of "goods" in Europe and third in the world.
      You haven't a clue or you're just lying.

    • @svart7716
      @svart7716 11 месяцев назад

      @@RazorMouth be polite! Can’t accuse of people as clueless or lier via social media. They don’t produce anything of value. Just give me a name of a famous Irish brand(not whiskey)

    • @ronanfitzpatrick1261
      @ronanfitzpatrick1261 10 месяцев назад +1

      ​​@@svart7716You mean like Guinness, Fyffes Bananas, Stripe, CRH, Ryanair and so on?
      Most Irish brands get bought up by larger companies once they go international. I've worked for several software firms where this happened.
      Also just because Intel, for example, isn't an Irish brand doesn't mean that their chips aren't made here. Not sure where on earth you were going with that point.
      There's entire RUclips videos out there explaining Irelands decision making when it comes to production: High Value, with raw materials that are cheap to transport since most have to be imported (microchips, software, pharmaceuticals and so).

    • @svart7716
      @svart7716 10 месяцев назад

      @@RazorMouth in that case I don’t have a clue. Buy you should be ashamed of yourself calling somebody you don’t know a liar. Ask anyone in the world if they know any famous Irish brand they wouldn’t know any..

  • @RazorMouth
    @RazorMouth 11 месяцев назад +6

    Very simplistic, for a start an iphone sold in Europe pays VAT to the country its sold in which makes up most of the tax these companies generate for countries.
    It's only overall profits that sits in Ireland and yes we're not the tax collector for the world we tax their profits acording to their Irish linked operations just like any other country.
    Which is why when the EU took Apple to court, the EU lost.
    Dont blame us for following the rules.

    • @bigyokes4747
      @bigyokes4747 6 месяцев назад +2

      The reason the EU lost in court is due to them getting involved in an Irish tax dispute. The EU doesn’t have any legal rights in regards to a states tax related laws.

    • @RazorMouth
      @RazorMouth 6 месяцев назад +2

      @@bigyokes4747 yes it does, what do you think "level playing ground" means?
      They have no power to set our rates but there are many other areas of EU legislation that touch on tax fairness etc.

    • @bigyokes4747
      @bigyokes4747 6 месяцев назад

      @@RazorMouth I’m honestly starting to believe that you are a state and or corporate run account on youtube.
      I have seen you several times now on videos concerning MNC shenanigans in Ireland. Always defending them. I’ve never seen anything like it. Your point about VAT is ridiculous, as if to say that when the common joe pays VAT when buying an iphone, we should be in some way grateful to the corporation for it.
      We’re certainly not the tax collector for the world. But nor should we be the tax evasion enabler of the world. The EU doesn’t have the right to set Irish tax rates, nor do they have any meaningful power over anything beyond to some extent, ensuring a competitive landscape for all involved. Which I’m sure you would love to see eroded further. So that Apple can continue to fleece us and the rest of the world.

    • @bigyokes4747
      @bigyokes4747 4 месяца назад

      @@RazorMouth everytime I reply to this comment, it is deleted. Stop trying to shut down discourse. It is the tap from which the built up pressure is released. Continue to do so at the behest of your corporate and state masters and you and your ilk will know true fear.

    • @RazorMouth
      @RazorMouth 4 месяца назад +1

      @@bigyokes4747 go have a lie down will ye 🙄