Saturday, 3 February 2018
The Future of the EU and Relations with Ireland
The figures above were shown during the Irexit conference today in Dublin. They show that Ireland paid €400 million net towards the EU budget in 2016. Since there is now a €15 billion black hole in the EU budget due to Brexit, it is expected that Ireland will have to contribute a lot more. As a result, it is fairly predictable that the EU will want to force Apple and other multinationals in Ireland to pay more tax. They can see a money pot there and they need to get their hands on it.
Right now the media ridicule any suggestion of an Irexit. How things might soon change in Ireland if the likes of Apple decide to relocate as a result of EU pressure to pay more tax.