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European nations told to sort out 'digital tax' on tech giants by end of year

Yet Another Anonymous coward Silver badge

Except Britain has industry (for now)

Ireland can afford to drop corporation tax because the amount it earns from FANG, even at 1%, is more than it loses from native industry ie. makers of Father Ted memorabilia and religious statues.

If Britain lowered tax to attract Apple it would have to apply the same tax rates to Rolls-Royce, HSBC, ICI, Shell, etc etc

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