Joseph Stiglitz | June 15 | The Irish Times
Ireland was “robbing” its European neighbours by allowing Apple pay such a low effective tax rate, Nobel laureate and economist Joseph Stiglitz has said while, alongside other leading economists, calling on governments to set a minimum corporate tax rate of 25 per cent.
In response to a question from The Irish Times as to whether Ireland has received an advantage from its low corporate tax rate, Mr Stiglitz said: “I think Ireland did get some advantage by having a lower tax rate of 12.5 per cent. I didn’t think they had much of an advantage for zero or close to zero [tax rate] that they gave to Apple. That was a gift that was robbing their neighbours in Europe. ”
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