"Ireland cannot be part of current global tax reform deal" - Donohoe

Why does everyone keep equating our corporate tax regieme with multinational companies physically based here and fdi ,

Apple Ireland are largely based in cork and employ thousands , Apples corporate tax affairs are handled by a small office in Dublin , if it became more tax efficient for them to be tax resident in Luxembourg or Spain they'd be tax resident there,

And that wouldn't really effect the operation in Case,

Same with most companies that are tax resident and actually conducting business here ,2 seperate arms that are here for completely different reasons

They are employing lots of people here for a multitude of reasons that include buying goodwill with the state, which comes in handy when things like R&D grants and other tax breaks are negotiated. This is why I'm saying that this is a partnership and we should not upset it just to satisfy other countries.

Ireland should say OK. We'll agree that online businesses should pay tax to the countries the make sales in not the country they are headquartered in. But we want the same to be done for offline businesses. For example Volkswagon made €10bn profit last year from sales worldwide and paid tax on that in Germany because they are headquartered in Germany. Well just like online businesses that profit should be divided up across all the nations they made the sales in that generated those profits and Volkswagon pay tax to each country not just to Germany. Here's the bill.

Irish Government seem to be clinging on desperately here praying it will all go away.

Is the idea to delay/stonewall as long as possible, hoping against hope that the Qanon...err sorry Republican Party will ride to the rescue + bury it over in the US, while proto-dictator Viktor Orbán might be good enough to help do the same in the EU? Makes me a bit queasy and embarrased for the country to be honest.

Who would be a politician? On one side you have people crying for housing, the continuation of PUP and other services, on the other side you have citizens arguing that we should not embarrass ourselves with our low corporate tax rates. Where exactly does the money come from?

Even in the crazy debt world we live in now, you still need revenue to pay the interest and to keep the bonds you issue from having garbage status.

I do think calling it "other countries being cross with us" may minimise situation somewhat (as I see it). 

Ireland is going out on a limb now as it continues to oppose this. You don't see the govt. doing that often (internationally).

Afair, in years past the main Irish govt. argument opposing corporate tax harmonisation at EU level (apart from our self interest) was that the EU must never do this unilaterally, we must always work through the OECD and with other wealthy countries etc. We must have the US on board with this (alot of the tax minimisation involves their MNCs). We had several key EU members agreeing with this position incl. the UK while they were an EU member. 

Now the OECD process has come to some sort of conclusion I think (in principle), and the US govt. is behind it too under current president.

The only ones left opposing this (inside the EU) are Estonia (can't see that lasting?) and Hungary.

So really all govt. have left is Irish self interest & greed (I think it's being phrased as "small states having a right to tax competition" now - I suppose it must be small because Ireland definitely isn't poor or underdeveloped any more!). With level of international support behind it now, if this falls apart it won't be because Ireland or Hungary opposed it. It will be due to more powerful countries undermining it or other political factors like Congress in the US intervening etc.

Only other reason I can think of for Ireland persisting with this to the end is belief that we owe all the MNCs so much & we must fight very hard for them on this to keep in their good standing. Maybe govt. believes it must pull out all the stops to obstruct or at least delay what (IMO) may be inevitable now in one form or another. Doing any less isn't giving our benefactors fair value.

Not when it turns around and bites you in the arse.

Do you mean the same Israel that gets $8 Billion a year in loan guarantees and close to $4 Billion a year in military aid? That Israel?

LOL. Yea, Israel is really doing it all themselves alright, with no help from any 'foreigners'.

As an aside, I have to love posters always bagging Ireland at every opportunity, regardless of the pesky facts!

Ah move the goalposts... sure there are no MNC's in Israel, is there.. lol

"There are over 380 R&D centers in Israel owned by multinational companies"

Yes, those pesky facts...

I expect another goalpost shifting any moment.

Yes let's damage our business environment because what will neighbours say otherwise. Ffs.