1. Irish Tax Changes May Cost U.S. Companies Like Apple and Google Billions of Dollars

    Irish Tax Changes May Cost U.S. Companies Like Apple and Google Billions of Dollars

    Although, a new break and pressure to tackle tax avoidance elsewhere means they are unlikely to decamp.

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  2. Quotes

    1. The question is where do you go to? There's nowhere else in the European Union. It's just getting too hot.
    2. The bottom line is, with the increasing focus on low-tax jurisdictions around the world, Google, Apple, Amazon.com, and many others face the risk of rising consolidated tax rates over the long term. While not an operational issue, this would impact valuations.
    3. We're deeply committed to Ireland and will work to implement these changes as they become law.
    4. The Double Irish has come to symbolize all the elaborate tax avoidance schemes that multinationals and their advisers have engaged in.
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