Taxes Lead Angry Birds Maker Rovio To Consider Move To Ireland

jones_supa writes with this news, straight from The Irish Times: "Rovio, the Finnish company behind Angry Birds, is considering moving its headquarters to Ireland, chief executive Mikael Hed has said. Rovio employs approximately 400 people, mostly in Finland, but Rovio is in contact with IDA Ireland about establishing headquarters here. The reason for the move would be corporation tax rate, which in Finland is 24.5%, while Ireland's rate is 12.5%. Companies such as Google and Facebook have also set up European headquarter operations in Dublin for the same reason. Hed said that if the decision was made to move to Ireland, the company would then decide exactly what elements of its operations would move. 'If we did make that decision then it would be a natural thing to do to have some production [in Ireland] also.'"

Comments

Re:People do what you incite them to do

[Shienarier]

I can attest to that. I lived in Ireland for six years. I'm now back in Scandinavia and is more then happy to pay my tax here again.

Re:Greed

[Kymermosst]

A 10% reduction on taxes on profits

Nice try. There is a difference of 12 percentage points (http://en.wikipedia.org/wiki/Percentage_point).

The reduction in taxes is nearly 50%.

Finnish education

[ryzvonusef]

benefit by being situated in a country where (I presume is like the average European country) where good education and healthcare is quite accessible.

I don't know about healthcare in particular (although this being a Nordic Economic Model country, it's most likely good) but Finland's education is the best, even beating Fellow Nordics.[1]

It's level[2] is frequently top three, if not the first. And that's a country with NO private schools, and with system that does *not* urge absolute competition between students.

Got to admit, despite their other possible faults, Finns got this education shit covered.

Links:
[1]: http://news.bbc.co.uk/2/hi/8601207.stm
[2]: http://stats.oecd.org/PISA2009Profiles/

Re:People do what you incite them to do

[CRCulver]

The truth is, part of that 2 billion a day you lament the US military is spending goes in part towards providing military security to countries like Canada that don't spend enough on their own defense.

Finland, the subject of this Slashdot post, offers some evidence against this common claim. For decades Finland refused to joined NATO, managing its own defense. Nonetheless, it has built a welfare state comparable to its Nordic neighbours while at the same time maintaining one of the stronger armies in the world.

Re:Same problem here in the US

[Alomex]

Government cannot create private sector jobs. Period.

Creation of infrastructure is a net producer of jobs. For example a highway connecting two cities increases the wealth of both cities for decades after, due to the increased efficiencies of trade. This is a well known and studied phenomenon.

"Government cannot create private sector jobs" is a meme from the republican party. Initially it was "Governments cannot create jobs" [Senator Shelby, Republican, 2010] . When people pointed out the absolute falsehood of that statement, particularly during recessionary times, the GOP went back to the drawing board and reissued it in its current version. It is still false, but as all memes, that doesn't stop it from being passed on.