New tax laws a bonanza for Ireland? (2 Jul, 2021)

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New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby aardvark_admin » Fri Jul 02, 2021 8:46 am

This column is archived at: https:/aardvark.co.nz/daily/2021/0702.shtml

What will be the outcome of Ireland's refusal to fall into line with the 130 nations proposing a new tax treaty to extract more tax from the large multinational corporations that presenty shift profits to the low-tax environment of the Emerald Isle?
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby phill » Fri Jul 02, 2021 9:17 am

never underestimate the level of spite and revenge a tax minister will go to get their hands on more funds
ireland is ( and needs to be ) part of the eu
germany and france will crack the whip when required
( ,,,,,,,, ....... A E I O U use em sparingly theres probably not enough )

i might live and eat in a sewer .. but hey look how many of these shiny things i have got
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby Perry » Fri Jul 02, 2021 11:59 am

Do these gummints (and of them) have any real, sane, advisers on Internet e-commerce?
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby goldedge » Fri Jul 02, 2021 3:55 pm

Turnover tax on all transactions/income generated in a country or block all of the that companys domains easy,
of course this seems too simple and even worse could be effective.

eg blacklist all traffic affiliated with google facebook etc :-)
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby Perry » Fri Jul 02, 2021 5:43 pm

Questions. A 'lead' onwards from Goldedge.

There are many on this forum who (I speculate) would have a higher individual IQ than those collectively advising the gummints on how to deal with the sort of tax evasion that this law is attempting to redress. The same 'many on this forum' seem to be of the view that the gummints are wasting their time.

1) Despite perhaps being lawful, do you consider it morally and ethically appropriate that Internet tech terrorists like gooble, et al can [largely] evade income taxes in a country where their income is earned.

2) If the answer to (1) is no; how would you remedy the income tax evasion?
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby paulw » Sat Jul 03, 2021 3:11 pm

goldedge wrote:Turnover tax on all transactions/income generated in a country or block all of the that companys domains easy,
of course this seems too simple and even worse could be effective.

eg blacklist all traffic affiliated with google facebook etc :-)

You mean like the sort of thing that the CCP would do??
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby phill » Sat Jul 03, 2021 4:24 pm

naa .. they would get so bent up
they would hack the sites and encrypt them
( ,,,,,,,, ....... A E I O U use em sparingly theres probably not enough )

i might live and eat in a sewer .. but hey look how many of these shiny things i have got
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby goldedge » Wed Jul 07, 2021 10:17 am

Paulw
You mean like the sort of thing that the CCP would do?


So now taxing income is a communist only thing?? :-)

GST is effectively a turnover tax that is levied on all transactions in NZ
the effect is the same except that world governments would be applying it to
international companies transactions.

IE they could not dodge it which would make a change :-)
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Re: New tax laws a bonanza for Ireland? (2 Jul, 2021)

Postby Perry » Wed Jul 07, 2021 10:31 am

goldedge wrote:GST is effectively a turnover tax that is levied on all transactions in NZ

Most transactions.
Wages, financial transactions, residential rents, export payments rec'd - there are more than one or two exemptions.
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