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IM:
S you argue that Ireland - one of the richest countries in the union - should get a special dispensation to a low corporation tax policy?

Firstly - there is no question of a "special dispensation".  Corporate taxation (and most other forms of national taxation) are outside the scope of any EU Treaties and so any attempt to force Ireland to change its rates is not a function of the EU, but of imperial dominance by more powerful nations seeking to impose their interests.

Secondly, my argument is that the manner in which commercial rates are applied in Ireland is inequitable, capricious, regressive and economically inefficient.  It is a matter for Ireland, and Ireland alone, to remedy this if it so chooses, and my suggestion is a revenue neutral rebalancing from struggling to profitable businesses.

Thirdly, you are correct in identify a trend for peripheral EU states to lower their rates - I suggest this is because that is the only way they can compete with the larger powers - and so in the absence of a fiscal transfer Union, this is a trend which will indeed continue.

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sun Feb 13th, 2011 at 08:08:54 AM EST
[ Parent ]
Spare me the nationalistic blather. You can't build a business model on luring in companies from all over the world with low corporation tax rates and then suddenly say that this a purely domestic matter. It isn't, it does influence the ability of other states to tax their corporations.

And if just discussing this violates the sovereignity of Ireland, then perhaps you should not complain about effective tax rates in the Netherlands.

It isn't a long term strategy anyway: Tomorrow Slovakia or Estonia or indeed the Netherlands will undercut Ireland and what then? Offer a -12,5% tax rate?  

by IM on Sun Feb 13th, 2011 at 05:48:49 PM EST
[ Parent ]
IM:
Spare me the nationalistic blather

If you want to be rude please take your conversation elsewhere.

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Feb 14th, 2011 at 05:46:10 AM EST
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And can I just add that drive-by accusations of nationalism on a site like ET - and I'll be polite here - seem to have more to do with rhetorical point-scoring for the sake of it than anything else.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Feb 14th, 2011 at 05:52:42 AM EST
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