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The Saker
A bird's eye view of the vineyard

offsite link Sitrep Britain: The Titanic Hits the Iceberg Wed Jul 06, 2022 22:41 | amarynth
By Batiushka for The Saker Blog Power is like cancer ? it eats you slowly without you realising it. St Nectarius of Egina (+ 1920) Possibly the greatest clown UK

offsite link Russia Sanctions and Asset Grab 2022 Wed Jul 06, 2022 22:39 | amarynth
Russia Sanctions and ASSET GRAB 2022 The Coming Sanctions-Induced Economic Tsunami? July 6, 2022 by Yves Smith. https://www.nakedcapitalism... Today I am risking being too glib, but my excuse is aspiring to meet

offsite link Sitrep Operation Z: A small pause Wed Jul 06, 2022 13:17 | amarynth
By Amarynth for the Saker Blog By popular demand, a SMO Sitrep open thread a few days before I planned for it. After Lisichansk, it looks like a small pause

offsite link The Empire is not done torturing Afghanistan Wed Jul 06, 2022 11:42 | amarynth
Despite its resounding defeat, NATO is not quite done with inflicting misery on the land of the Afghans By Pepe Escobar, posted with the author’s permission and cross-posted with The

offsite link Why don?t the African cosmos support the West in its sanctions war against Russia? Wed Jul 06, 2022 11:26 | amarynth
By José Francisco Lumango for the Saker Blog The answer may not be simple. But the memory of European colonisation in Africa, and its harmful effects, are still visible despite

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTE bias complaint

offsite link Fergus Finlay and the maternity hospital ‘gotcha’ trap Anthony

offsite link Irish Examiner and fake news Anthony

offsite link Labour Party: The unvarnished truth Anthony

offsite link Humanity: Zero chance of survival Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Boris?s Tragic Flaw Wed Jul 06, 2022 19:03 | Toby Young
Boris is the most gifted politician of his generation and less than three years ago won an 80-seat majority. Why didn't Hal become Henry V?
The post Boris’s Tragic Flaw appeared first on The Daily Sceptic.

offsite link Sacrificing Children?s Needs for Those of Adults was Devastating and Must Never Happen Again Wed Jul 06, 2022 14:21 | Molly Kingsley and Liz Cole
In crisis, we chose to invert our public health paradigm by requiring the young to sacrifice their own health and wellbeing to safeguard that of adults. In doing so, we shattered our implicit social contract.
The post Sacrificing Children’s Needs for Those of Adults was Devastating and Must Never Happen Again appeared first on The Daily Sceptic.

offsite link The New Bill of Rights is Another Example of Boris?s Lack of Backbone Wed Jul 06, 2022 10:30 | James Allan
The new Bill of Rights is a disappointment. It won't rein in the judges, just empower British ones at the expense of European ones. It does little about the undermining of parliamentary sovereignty by the lawyerly caste.
The post The New Bill of Rights is Another Example of Boris’s Lack of Backbone appeared first on The Daily Sceptic.

offsite link What Happened in Lithuania? Wed Jul 06, 2022 08:39 | Noah Carl
By the end of last year, Lithuania's elderly vaccination rate was 37 percentage points higher than Romania's. Yet since the start of the vaccine rollout, the two countries have had similar levels of excess mortality.
The post What Happened in Lithuania? appeared first on The Daily Sceptic.

offsite link What?s Behind the Surge of Nearly 8,000 Excess Deaths Since April? Wed Jul 06, 2022 07:00 | Will Jones
As of the most recent week, there have been 7,840 more deaths than usual from causes other than Covid since April, 1,374 of them in just the latest week. What is going on, and is anyone looking into it?
The post What’s Behind the Surge of Nearly 8,000 Excess Deaths Since April? appeared first on The Daily Sceptic.

Lockdown Skeptics >>

DDCI Calls for Oireachtas Debate; Full Review of Tax Ruling Practices by the Revenue Commissioners

category national | economics and finance | press release author Sunday September 04, 2016 22:55author by DDCI - Debt And Development Coalition Ireland Report this post to the editors

DDCI Calls for Oireachtas Debate; Full Review of Tax Ruling Practices by the Revenue Commissioners Following Today’s EC Apple State Aid Ruling

Following today’s decision by the European Commission that Apple was granted illegal state aid, Debt and Development Coalition Ireland (DDCI) is calling for a full Oireachtas debate to take place before any decision is made to contest the ruling in the European Courts.

The details of the revenue seemingly voluntarily foregone by the Irish state are truly astonishing, with Apple paying an effective tax rate of 0.005% in 2014 and reports of 13 billion EUR foregone in the period 2003-2014. This is particularly remarkable given the austerity policies ordinary Irish citizens were facing during much of this period.
rotton_apple.jpg

DDCI is calling for the Public Accounts Committee to undertake a full review of the operation and social cost-benefit of the tax rulings system operated by Revenue.

Today’s news means it is now imperative to investigate the tax rulings system by which Revenue gives away billions in revenues to Apple and other multinational corporations – with no public record, scrutiny or accountability.

Between 2010 and 2012 alone there were 335 rulings issued by Revenue. Due to the lack of transparency about these rulings, there is currently no way to estimate the impact of these further rulings to the exchequer, or to analyse the implications they may have in Ireland, and developing countries.

Specifically, we argue that:

  • Tax rulings should not be open ended, should be costed, and these costs should be included in government estimates.
  • Revenue foregone through tax rulings should be included as expenditure in the government estimates and budget.

DDCI is concerned about gaps in Ireland’s corporate taxation and incentives system, along with its transfer-pricing regime, which facilitate multinational corporations to operate aggressive tax dodging schemes from Ireland that reduce their global liabilities and deny much-needed tax revenues to low-income countries.

Low-income countries lose out enormously when MNCs minimize their taxes through profit-shifting practices and aggressive tax avoidance, operated through countries like Ireland. Altogether, multinationals’ corporate tax avoidance costs poor countries around $100 billion/year, according to UN figures.

DDCI Director, Maeve Bateman, said:

"While the focus of this ruling is on Apple, there are many more tax rulings issued by Revenue we don’t know the details of, with the strong possibility of even more revenue foregone by the exchequer. It is essential that increased transparency and oversight be applied to these secret rulings.

Political representatives, the Public Accounts Committee and the general public need to be able to understand the basis on which companies tax liabilities are calculated. Today’s decision makes it clear that keeping these decisions behind closed doors has been a costly mistake.

Today, the world’s attention is on Ireland. However, this ruling could have significant implications for developing countries. A full review of the use of Irish tax rulings by multinational corporations would be a valuable first step in closing gaps in Ireland’s corporate taxation regime, and would reduce the outflow of revenue from developing countries."

For more information see DDCI’s policy paper ‘Corporate Tax Secrecy and the State: The Apple Case in Ireland’ first released in October 2015, and available below: See the PDF or at DDCI http://www.debtireland.org/download/pdf/20151023141734.pdf

Related Link: http://debtireland.org/news/2016/08/30/ddci-calls-for-oireachtas-debate-full-review-of-ta/

PDF Document Corporate Tax Secrecy and the State: The Apple Case in Ireland. Oct 2015 2.66 Mb


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