Once Again, It’s One Rule For Multinationals And Another For The Irish People
Responding to the writing off of over 80% of Perrigo’s €1.64 billion tax bill by the Revenue Commissioners, Aontú Leader & Meath West TD Peadar Tóibín has sharply criticised the government for yet another sweetheart tax deal given to a multinational corporation.
An Teachta Tóibín: “Once Again, It’s One Rule For Mutinationals and Another For The Irish People. Whilst, PUP recipients who could not work and lost jobs were hit with retrospective tax bills for government supports during the pandemic – a multinational corporation that has shirked it’s (minimal) tax obligations in Ireland and has fought the Irish government through the courts to further shirk its tax obligations has been rewarded with a sweetheart deal which writes off over 80% of their outstanding tax bill. Indeed, Perrigo have noted that they are being given credit for having previously paid their taxes. Have the Irish people ever gotten credit for having bailed out the banks?
“€1.3 billion that was due to the Revenue was written for no explicable reason. That €1.3 billion could have radically increased the capacity and number of beds in our healthcare service. Or that money could have been invested in social and affordable housing builds. Or these unpaid taxes could have gone towards helping Ireland recover from the pandemic economically – a pandemic during which business has been booming for big pharmaceutical companies. Once again this story is a sorry confirmation that Ireland is a cold house for its own people, but for the taking for big business.”