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."

Comments

Re:What the left ISN'T asking...

[brkello]

You are joking, right? After years of being labeled unpatriotic since I thought the Iraq war was wrong from the start (oops, guess I was right), now you are pretending like we came up with it. Why aren't Republicans asking, "Why do we spend more than Democrats, yet try to tax less?" So some companies are leaving the US. We would have to tax them almost nothing in a global market for us to compete with every other country out there. How do we pay for everything...tax the poor? No, what we have been doing is borrowing money from China. So being owned by China is something that you are behind?

If you want to be stupid partisan, I can do it right back. The Right never asks "Why is it that under Republican leadership the country loses jobs and grows national deficits?" Or..."Why is it a bad idea to attack countries that have nothing to do with terrorism and are not an immediate threat?" Or..."Why is it a bad idea to force our religion on other people?" Or..."Why is it ok to deregulate the market to such a point that there is no consumer protection allowing catastrophic meltdowns?"

You are claiming the left is responsible which is just the dumbest thing you can say since the last 6 years have been a complete sweep of Republican power. How can you continue blaming the left when they have no way of overriding a Bush veto?

Here is a tip, try watching shows other than Fox News and stop believing everything that comes out of Limbaugh's mouth. There is some fierce stupidity going on in this country and it needs to stop. This partisan bs has to be reduced. Neither party is perfect. But after watching this administration drive the country in to the ground and then reading fluff brains like yourself crying about the left...god, what more do Republicans have to do before you wake up and see that the root of all evil isn't the left?