The Celtic Paper Tiger

Published by Global Britain

Global Britain has released my report on the degree to which the economy of the Republic of Ireland is dominated by activities that reduce the tax bills of foreign multinationals.

You can download the report here.

The report dissects the two elements of tax-sparing activities:

the re-invoicing through Ireland of goods made elsewhere and services […]

Rishi Sunak’s minimum 15% global corporation tax rate may have failed, but the Kremlin has stuck the boot in (inadvertently)

Original Brexit-Watch.org article

Published on 18 March 2022

Our Brexit-Watch.org article last week showed how tax-leveraged leasing through Ireland was a major contributor to the BigTech and Biotech companies minimizing their corporation tax payments:https://www.brexit-watch.org/irelands-fear-of-depending-on-foreign-companies-tax-receipts-is-unfounded-for-the-wrong-reasonsWhilst Rishi Sunak’s much-trumpeted minimum 15% global corporation tax rate won’t have any effect at all, the Kremlin has intervened by passing a law […]

National Insurance rise is the working people’s punishment for the failure of Rishi Sunak’s minimum 15% global corporation tax rate

Brexit-Watch.org article of 14 March 2022

Published on 16 March 2022

Ireland’s corporation tax receipts continue to rise, thanks to their ‘Celtic Tiger’ business model:

https://www.brexit-watch.org/irelands-fear-of-depending-on-foreign-companies-tax-receipts-is-unfounded-for-the-wrong-reasons

This was already costing the UK £10 billion a year in lost corporation tax in 2016:

The UK’s lost GDP and tax revenues

Ireland’s takings have increased by 386% between 2009 and 2021; that implies at least a doubling of the […]