this post was submitted on 10 Sep 2024
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Apple told to pay back €13bn in tax by EU (www.bbc.com)
submitted 2 months ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 2 months ago (1 children)

But like, what financial benefits do they get from this? Like the country itself. I'm really bad in this area. Like, do they buy property or set up a thin business? Does that pull in enough?

[–] [email protected] 7 points 2 months ago

As i see it, not an expert:

Basically, the plan goes back to the early 2000s. Irland did not have much tech industry and positioned itself as an English speaking country cheaper and more friendly than the UK, giving mostly US companies an easy place to enhance their EU business.