Wednesday, December 5, 2018

Facebook and taxes

Facebook has paid €38 million on €251 million profit.

What Irish worker pays 15 per cent tax on their earnings?

As Facebook pays 15 per cent tax on vast sums, the 60,000 Irish people who have deferred paying their property tax due to hardship, are forced to pay an extra four per cent as a penalty for the deferment.



2 comments:

Anonymous said...

Equating a corporation and an individual tax payer is nonsense. Facebook is not a natural person, and its profits are not the profits of any individual. When Facebook pays its shareholders (some of whom will be 'Irish workers'), a dividend - they will then pay income tax (at normal rates) on those dividends - would you rather the same €100 of profit was taxed at 40% at Facebook level - then another 40% when it gets paid out?

Michael Commane said...

Did the blogpost compare Facebook to the individual?

Featured Post

Casting Zelenskiy as spoiled child not good for Ukraine

Insightful piece by Lara Marlowe in The Irish Times yesterday. In Trump world, Ukraine’s brave leader Volodymyr Zelenskiy is a spoiled child...