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That’s a bit rich! Bono – champion of the poor – hails Ireland’s controversial tax laws for bringing ‘the only prosperity we’ve ever…
Sunday, October 12, 2014 11:40
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U2 frontman Bono has defended Ireland’s controversial business tax policies – claiming the large companies which avoid paying billions bring prosperity to the country.
The tax deals Ireland struck with Apple in 1991 and 2007 have come under the microscope of the European Commission, which has warned Apple may yet be required to pay billions in backdated tax.
In a letter released last month, it warned Ireland could be granting the company illegal rebates worth billions of dollars.
Apple funnels the bulk of its international sales through subsidiaries in Ireland – where it benefits from low, negotiated tax deals …. http://www.dailymail.co.uk
Source: http://luismmx.blogspot.com/2014/10/thats-bit-rich-bono-champion-of-poor.html
