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

Hacker Newsnew | past | comments | ask | show | jobs | submit

pyrale 9 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 9 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.

Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact