Thursday 23 November 2017

Vulture funds are feasting tax-free on carcass of our property crash

Social Democrat TD Stephen Donnelly Photo: Fergal Phillips
Social Democrat TD Stephen Donnelly Photo: Fergal Phillips
Colette Browne

Colette Browne

Irish workers have shouldered a hugely increased tax burden since the financial collapse in order to keep the country afloat. The least we should expect is that companies operating in this country pay their fair share.

The Irish government could soon find itself in the embarrassing position of having to decline possibly billions from Apple, while simultaneously lecturing taxpayers about the collective need to continue tightening our belts in the forthcoming budget.

Following a lengthy investigation, the EU Commission is set to decree that Apple's tax arrangements in Ireland constituted illegal state aid, necessitating the payment of a huge amount of back taxes.

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