Originally Posted by
Training Risky
Quick google says it's 12.5%. As opposed to 19% in the UK and 21% in the USA (down from 35% pre-Trump!).
Thats correct but I doubt if Ryanair will be paying too much Corporation Tax.
As the company is structured with Ryanair holdings PLC at the top looking after Ryanair Ireland, Ryanair UK, Ryanair Sun (based in Poland) and Laudamotion there would be many perfectly legal loopholes to avoid paying tax. Remember Starbucks a couple of years ago ?
I have a friend of mine who's a contact aircraft engineer here in Belgium, last year his accountant mentioned to him that he had paid more tax than Interbrew, (the owners of Stella Artois etc.)
Regardless of where a company is based, the companies at the top pay next to nothing, the people at the bottom pay nothing so that leaves the guys and girls in the middle to pay everything , I would assume that would be most of us here !