Originally Posted by
Saulman
Where is Google Apple and Mircosoft based again. In terms of GDP Ireland is one of the wealthiest nations on this planet.
[...] Ryanair to one of the Islands greatest success stories.
It's never late to remember exactly why. Because IRL's internal rules allow for enormous cross-border tax avoidance to happen, sucking cash from EU citizen private spendings into their own little yet deep green linen pocket. Make no mistake, the only part Irish play in Ryanair's massive and actually rather admirable corporate success is by turning a blind eye 360°.
Destroying a whole industry in the process, as the pendulum now swings backwards from the CEE with airlines that do not pay social contributions in the usual manner, giving them around 30% cost advantage from what already is a lower cost base. Pity everyone in the middle.