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submitted 1 year ago by 520@kbin.social to c/technology@lemmy.world

Ireland's data regulator confirmed to AFP that Meta has not paid any of the ₹2 billion ($2.2 billion) in fines issued since last September. TikTok also owes hundreds of millions.

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[-] bassomitron@lemmy.world 5 points 1 year ago

Well, they can seize company property.

In places like Ireland, where it was notoriously used as a tax haven loophole, do many large multinationals using it for that purpose have any real company presence there? Genuine question.

[-] 520@kbin.social 6 points 1 year ago

They usually have a decent office in Dublin but that's about it.

[-] kirklennon@kbin.social 4 points 1 year ago* (last edited 1 year ago)

Apple has several thousand employees in Ireland. Ireland wanted to lure foreign investment by offering lower taxes and it worked. Ireland was happy. Apple was happy. Decades later, the EU decided it wasn’t happy.

this post was submitted on 21 Nov 2023
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