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Published 2 years ago

Republic gets better dividend from US tech giants than any equity investor

Summary by Ground News

Corporate taxes are up more than 70 per cent so far in 2022. But the sheer scale of the cash rolling in suggests the Republic may as well be an equity investor in some of the biggest companies in the US. The profit warnings this year from giants such as Meta, the owner of Facebook, show how exposed the State's revenue base is to a US corporate tech slowdown.

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Republic gets better dividend from US tech giants than any equity investor

This week's exchequer returns confirmed the scale of the boom on corporate taxes

2 years ago·Dublin, Ireland

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