You meant Lisbon not Nice, right? or am I stupid? (not mutually exclusive. . the Nice treaty or any veto . . . I also recognise that it the Nice treaty has no bearing on it one way or the other.
Yes, my mistake.You meant Lisbon not Nice, right? or am I stupid? (not mutually exclusive).
The other thing to consider, and this is more important, is that EU countries can implement multilateral taxation agreements which would require corporation tax to be paid to the country in which the economic activity took place (the country in which the goods or services were sold).
If the French and Germans get what they want, which is to stop Ireland stealing their tax revenue, our economy would be wiped out. I consider this to be the single biggest threat to our economic future. I also recognise that the Lisbon treaty has no bearing on it one way or the other.
VAT is paid in the country that the business is registered in. If IBM Ireland (for example) does business in Germany they pay tax on that business in Ireland. It’s more of the same thing.Isn't this what VAT is for? Aren't they in essence saying that to combat Ireland's low corporate tax they would have to increase VAT?
I agree. We do not occupy the moral high ground on this issue.Either way, you can understand their reasons for being a bit miffed with our taxation rates.
VAT is paid in the country that the business is registered in.
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