Slashdot Mirror
Facebook Finds Grass Greener In Ireland
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."
is a politician's wet dream of byzantine unfairness and vote buying
Don't you know, it's important for the economy to pass it as quickly as possible. Not because the economy would stop, but because a 2 day delay meant 400+ pages of unrelated pork and complications to the tax code.
Do you even lift?
These aren't the 'roids you're looking for.
They already have something like this. It's called the Internet. I can have my group of Facebook friends, my self-hosted blog where people know it's me, my self-hosted blog at a different registered domain under a pseudonym where I can post my propaganda, my Flickr stream, my Google Groups persona, my Slashdot persona, and my personas at any number of other forums/communities.
So, Ireland is smarter than us in how they go about attracting corporate dollars... ... and you fault THEM for it?
Maybe if we were a little more competitive companies wouldn't bother fleeing there. Just a thought.