> Eg Ireland might give a tax incentive if a large Fortune 500 company hires X p... | Hacker News

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pyrale 4 months ago | parent | context | favorite | on: Apple must pay 13B euros in back taxes, EU's top c...

> Eg Ireland might give a tax incentive if a large Fortune 500 company hires X people in Ireland.

If Ireland is willing to give the same tax incentive to any company hiring X people in Ireland, it's fine.

If Ireland only grants the rebate to Fortune 500 companies in a bid to lure specific US investment, it's the state creating a competitive distortion i.e. state aid.

margana 4 months ago [–]

Unless the threshold is set high enough that only a few corporations could even possibly do it. Especially if they limited it further per industry.

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