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Facebook Finds Grass Greener In Ireland

Posted by kdawson on from the o'tax-break dept.

theodp writes "Facebook announced it has chosen tax-haven Dublin for its international HQ, but not all are buying COO Sheryl Sandberg's line about local world-class talent being the motivation behind the move. The Irish Times recently reported that Irish subsidiaries owned by US multinationals are opting to convert to unlimited liability status, concealing the financial performance of their Irish operations from public view. They include Microsoft's incredibly profitable Irish subsidiaries Round Island One and Flat Island Company, Google Ireland Holdings, and a subsidiary of Apple Computer. The conversions have occurred as US tax authorities have increased their scrutiny of international mechanisms used by American multinationals to reduce their taxes at home."

12 of 287 comments (clear)

  1. It's not the taxes or the talent by reverseengineer · · Score: 5, Funny

    It's the Guinness. Just tastes better the closer you are to St. James's Gate.

    --
    "FDA staff reviewers expressed concern about the number of patients who were left out of the study because they died."
  2. Re:I guess they need to save money while they can by sakdoctor · · Score: 5, Funny

    Viol8, you've been bitten by a zombie!
    Click here to transfer all your private information to a untrusted 3rd party.

  3. Corporate Haven by Stanistani · · Score: 3, Funny

    ...and they say there are no snakes in Ireland?
    Where's St. Patrick when you really need him?

    --
    You can't talk about Wikipedia's flaws on Wikipedia
    1. Re:Corporate Haven by Ron_Fitzgerald · · Score: 2, Funny

      Wait...what!?! St. Patrick means more than a one day celebration to get stinking pissed with all your friends? Damn the misleading parade.

      --
      ~ Ron Fitzgerald
  4. Re:the US tax code by Ron_Fitzgerald · · Score: 3, Funny

    Have you ever tried taking a piece of turkey away from a kitten?

    --
    ~ Ron Fitzgerald
  5. Re:the US tax code by ubrgeek · · Score: 5, Funny

    > You can no longer say that "the house always wins"...

    You're right. Sometimes it's the Senate.

    --
    Bark less. Wag more.
  6. Ummm I think I am missing the analogy... by GlobalColding · · Score: 3, Funny

    Sorry, thats what you get from a mind polluted by LOLCATS.

  7. Re:They're not the only ones by Anonymous Coward · · Score: 1, Funny

    But they make foreigners who apply wear those stupid "Kiss Me I'm Irish" t-shirts for a day before they are eligible.

  8. I was thinking more in terms of LOLCATS by GlobalColding · · Score: 2, Funny

    Joo Wantz Mah Turkee? Joo am teh fuxx0red!

  9. Note to Potential American Emigrants to Ireland: by aquatone282 · · Score: 2, Funny

    Shillelaghs, tweed caps, and green t-shirts with orange "I <heart> Ireland" printing are NOT cool.

    --
    What?
  10. Re:OK lets cut the crap. by Pollardito · · Score: 2, Funny

    you mean the small ads in the back of The Economist aren't offers to talk live one-on-one to a real, fun, flirty economist from your area?

  11. Re:Local world-class FINANCIAL talent by Carewolf · · Score: 2, Funny

    A race to bottom! It is on!!!

    P.S. I am going to let you win, and stay up here in the sunlight.