Thursday 18 October 2018

Dan O'Brien: Profit taxes are rising everywhere, but the tech giants could reverse that

Continental concerns about losing profit taxes have long been misplaced - but that could now be changing, writes Dan O'Brien

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Dan O'Brien

Dan O'Brien

Conversations with continentals these days invariably include the topic of the taxing of multinational companies. For some people in some European countries it is almost an obsession.

That is because it has come to be widely believed that corporate behemoths are dodging tax on an epic scale and that this is reducing the revenues of many governments.

As many of the world's largest multinationals do a lot of business in Ireland, the country is frequently accused of facilitating dodging.

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