US group says Microsoft ‘pretending’ on earnings

Posted by tadelste on Dec 11, 2005 6:58 PM EDT
sbpost.ie; By Niall Stanage 		Mail this story
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The head of a US tax-research group has accused software firm Microsoft of “pretending it makes all of its money in Ireland" in order to pay minimal tax. Attention has focused on how some multinational firms use Ireland to book large profits, which are taxed at the Irish corporation-tax rate of 12.5 per cent, rather than 35 per cent in the United States. Microsoft and other multinationals have said they are fully tax compliant. However, Bob McIntyre, the director of Washington-based Citizens for Tax Justice (CTJ), said his group has had concerns about the tax regime in Ireland for some time. “Everyone knows there is an issue here,” he said. “It doesn't just involve Microsoft and Ireland.

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Subject Topic Starter Replies Views Last Post
Bravo Microsoft! Bob_Robertson 5 1,490 Dec 14, 2005 8:55 AM
Interesting subject matter, McIntyre is a moron though cjcox 10 1,252 Dec 13, 2005 11:58 AM
more links henke54 3 1,625 Dec 12, 2005 4:02 AM
It used to be Nevada... and ironic regarding schools ahz 3 1,404 Dec 11, 2005 7:22 PM

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