Corporate haven
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A Corporate haven, corporate tax haven, or multinational tax haven, is a jurisdiction that multinational corporations find attractive for establishing subsidiaries or headquarters. This appeal is due
"Uncovering Offshore Financial Centers": Relationship of Conduit and Sink Offshore Financial Centres
Irish Taoiseach Enda Kenny and PwC (Ireland) Managing Partner Feargal O'Rourke
Pierre Moscovici, EU Commissioner for Taxes, whose Digital Services Tax aims to force a minimum level of EU taxation on technology multinationals operating in the EU-28
Margrethe Vestager, EU Competition Commissioner, levied the largest corporate tax fine in history on Apple Inc. on the 29 August 2016, for €13 billion (plus interest) in Irish taxes avoided for the period 2004–2014.
Ireland's Corporate Tax System is a central component of Ireland's economy. In 2016–17, foreign firms paid 80% of Irish corporate tax, employed 25% of the Irish labour force, and created 57% of Irish
Former Finance Minister, Charlie McCreevy, reduced Irish corporate tax from 32% to 12.5% in the 1999 Finance Act, and his 1997 Tax and Consolidation Act laid the framework for Ireland's BEPS tax tools.
Ireland is ranked as one of the largest global Conduit OFCs in terms of connections to corporate tax havens, the largest global Tax Haven in terms of quantum of profits shielded, and the 3rd-largest global Shadow Banking OFC.
Irish Corporation Tax as a % Irish Exchequer Tax has between 10% and 16% of Total Irish Tax. Source: Department of Finance (Ireland)
Effect of Ireland's Corporate Tax system on Ireland's relative GNI-per-capita to the EU average