Saturday 28 June 2014

Everyone wants a bite of the Apple pie...

Ireland has announced a consultation process with business and other interested parties, as it prepares to tweak its tax regime for a post-global-reform corporation tax world.

Apple, no doubt, is among a wide number of multinationals with operations in the Republic that are also considering their options for the most likely post-reform, and post-inquiry, scenarios.

However, to quote David McWilliams, the global ground has shifted and countries such as the US will not tolerate the wholesale looting of its corporate tax base and the countries that facilitate this behaviour.
Watch this space for bigger tweaks...

Meanwhile, time for competing suppliers to re-assess the post-bite changes to the competitive landscape?

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