tag:blogger.com,1999:blog-8817171247555815363.post7044856437413960659..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 19/8/2013: 'Tax Haven' Ireland in the (2009) news againTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8817171247555815363.post-14526794285972711312013-08-20T00:29:44.666+01:002013-08-20T00:29:44.666+01:00'Ireland as a primary manhole in the digital e...'Ireland as a primary manhole in the digital economy'. <br /><br />Obviously it can be dolled up for the election posters, but my fear is that that is what election 2016 will be about. Brian O' Hanlonhttps://www.blogger.com/profile/09185216066875647495noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-388257874498546782013-08-19T14:58:33.705+01:002013-08-19T14:58:33.705+01:00Constantin wrote, "I am concerned with the sp...Constantin wrote, <i>"I am concerned with the spirit of the concept - rent-seeking via tax arbitrage, and with the potential fallout from this in terms of distortions to economic development models and risks arising from same".</i><br /><br />Very much so, and especially as we move further and further into a new era, where many of the forms of 'production' are digital in nature, and often only involve a country serving as a kind of 'chamber' in the world wide digital system, through which the stream of bits has to go through in order to reach its destination market, some place else entirely. <br /><br />It's like how water meters are being installed now outside of houses etc. A lot of the time, all that is happening in places such as Ireland, is that the flow of digital enterprise is being 'clocked' at some destination like our island, and little more. I.e. The numbers get booked in one jurisdiction, like a small island, where it is just handy to do so, . . . but all of the real 'action', the back end innovation and the market for the produce, is some place else removed. Brian O' Hanlonhttps://www.blogger.com/profile/09185216066875647495noreply@blogger.com