The Tax Havens Attracting the Most Foreign Profits #infographic

The Tax Havens Attracting the Most Foreign Profits #infographic

When it comes to attracting foreign firms to artificially shift their profits from their native, high-tax countries, it is not known to do so anywhere in the world at such volume as Ireland. Tech giants Apple, Google, Facebook all take advantage of favorable conditions in the country, booking tens of billions of dollars in revenue each year collectively. This resulted in profits of $126.2 billion in 2017 and a total tax revenue of $6.2 billion for Ireland-67 percent of all corporate tax receipts.

Also Read: The Sharing Economy.

The Tax Havens Attracting the Most Foreign Profits #infographic

infographic by: www.statista.com

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The Tax Havens Attracting the Most Foreign Profits #infographic The Tax Havens Attracting the Most Foreign Profits #infographic Reviewed by Younglistan.com on July 11, 2020 Rating: 5

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