EXPERTS CLAIM CHANGES TO IRISH ECOMMERCE TAX REGIME POSES GREATER THREAT THAN BREXIT

IF Brexit did not pose a sufficiently large external threat to the Irish economy, another potentially major disruption is in the offing, via planned changes to European Union (EU) taxation rules on e-commerce. Faced with the politically toxic reality that major American high-tech multinationals such as Google, Facebook and PayPal pay far less tax than might be expected given their huge profit, the European Union (EU) has been considering reforms to increase revenues from these giants. ‘Digital single market’ proposals drafted by the European Commission, the ...


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