Home > Uncategorized > Rotten Apple in Ireland

Rotten Apple in Ireland

http://www.bbc.co.uk/news/business-29423244

At long last attention is being paid by the ever ponderous EU to the laxity of tax regulations for corporations within the EU. Ireland is a particularly damning example given that this state has been the benefit of huge aid due to its chronic economic mismanagement.

Quite how it is justifiable for a so called single market to not have at least a degree of tax harmonisation over corporation tax is impossible to understand. Surely given that the whole edifice wobbled badly on the lack of fiscal harmonisation (which i do not believe will ever be adequately achieved) you would have assumed that corporation tax is an obvious starting place. To have a failed economy undercutting more prudently runs states with the supposed same economic zone is both damning of the whole concept and irresponsible of the parties involved

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