DW Business - News November 12, 2017
A german i. T. Company for example registers its peytons through a subsidiary based in ireland where the tax rate is much lower than at home. Even though the product primarily sells in germany the income is booked in ireland. As a result only a small part of the companys profits are taxed in germany at a rate of thirty percent. Most is taxed in ireland at only twelve percent. Thats completely legal but companies try to avoid making them a new public because it could be bad for their image apple for one paradice paper say apple is always searching for ways to worm out of taxes become plans bill...