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Ireland named world's 6th worst corporate tax haven

Oxfam said Ireland’s score was based on its lack of effective rules to prevent corporate tax dodging and because it facilitates large-scale corporate tax avoidance.

IRELAND IS THE 6th worst corporate tax haven globally, according to new research by Oxfam.

Bermuda tops the list of 15 countries, followed by the Cayman Islands and the Netherlands. Ireland is sixth on the list, behind Switzerland and Singapore.

“Ireland is part of a toxic global tax system servicing the very wealthiest while ordinary people pay the price and lose out on essential public services,” said Jim Clarken, CEO of Oxfam Ireland today.

Around the world we are known as a country of good fun, bad weather and awful tax policies that facilitate worsening inequality by allowing some of the world’s richest companies to avoid paying their fair share to society. This is no badge of honour.

Oxfam said Ireland’s score was based on its lack of effective rules to prevent corporate tax dodging and because it facilitates large-scale corporate tax avoidance through profit-shifting, aggressive tax planning structures and so-called sweetheart deals.

“From a national, European and international perspective, the game is up. Citizens everywhere have had enough. We need to get serious about making companies pay the tax that’s due and we need transparency about where and how profits are made and where and how they are taxed. We collect more detailed data about farm animals in this country than we do about the tax affairs of multinationals,” Clarken said.

Changing Ireland’s tax rules would lessen the burden on individual tax payers and citizens, Clarken said, with more money to spend on health and education.

“Governments are falling over themselves to ensure corporations pay as little tax as they wish – and starving their countries of the money needed to education, healthcare and job creation in the process. They must ensure companies pay a fair amount of corporation tax, otherwise their citizens will continue to pay the price.”

Read: Gardaí warn of telephone scam where caller claims to be from Revenue>

Read: Six months on from ‘leprechaun economics’, Ireland’s GDP is finally bouncing back>

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92 Comments
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    Mute Ger
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    Jul 26th 2013, 8:14 PM

    Very sad that someones live can go so wrong that no one has noticed them missing for so long. And such an awful way to go. Poor guy.

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    Mute Zelly Sheehan
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    Jul 27th 2013, 10:28 PM

    They have missed them they just didn’t know this is how they ended up :(

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    Mute Joan Featherstone
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    Jul 26th 2013, 9:02 PM

    Terrible state of affairs, poor man, obviously homeless person so nobody missed him…profoundly sad, may he RIP.

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    Mute Sinead Fox
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    Jul 27th 2013, 1:20 AM

    Unless it was the home owner who may not have had any concerned family members, either way a truly sad passing in such a built up area surrounded by people yet so alone :(

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    Mute TalentCoop Norah B
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    Jul 26th 2013, 11:11 PM

    There was a time when community existed, people knew and looked out for each other.

    59
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    Mute Karen
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    Jul 28th 2013, 10:50 PM

    Long gone NorahB,There is still some of us left though.Good to see you think same as i do :)
    God bless you and your family.

    Rest in peace to the poor man :( truly heartbreaking to think he lay there.Deepest condolences to his family :(

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    Mute Gav Sexton
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    Jul 26th 2013, 9:11 PM

    Hard to believe its been there for nearly 4 years. Not one nosey so n so had a peep in. Strange

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    Mute Joanna Cz
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    Jul 26th 2013, 7:53 PM

    sad, yet ridiculous, why hasn’t anyone tried to contact that person? no neighbours or anything?

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    Mute Dermot Lane
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    Jul 26th 2013, 7:57 PM

    It was a derelict house so maybe a homeless person. Perhaps he was on the missing persons list? We don’t know yet, but whatever the circumstance it terrible sad that someone should die like this.

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    Mute Joanna Cz
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    Jul 26th 2013, 8:52 PM

    Even if he/she was homeless, no one should die like this, as you said, however someone should check such houses, well everyone’s clever after such loss.

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    Mute Dermot Lane
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    Jul 26th 2013, 10:29 PM

    Of course Joanna, in the ideal world that would happen. Maybe even in a small town, but in a city it’s easy to become lost, too easy I suppose.

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    Mute Thomas lavery
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    Jul 27th 2013, 2:18 AM

    We will all know to morrow.. V sad..

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    Mute Margaret Martin
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    Jul 26th 2013, 10:34 PM

    Am sure he is in heaven for the last 4 years

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    Mute silentbob2012
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    Jul 26th 2013, 11:02 PM

    Yeah…heaven…after what must have been a virtual Hell on earth. Good luck with that Mags.

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    Mute Ciaran McCann
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    Jul 27th 2013, 1:31 AM

    If he was a homeless person, has no other homeless person tried that house? Can a house be vacant for four years without anybody checking who owns it?

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    Mute Thomas lavery
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    Jul 27th 2013, 2:17 AM

    The Family will have done peace as they have gone through Hell…

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