Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Is it not more to do with the amount that is written off taxable profit in the form of what are called trade charges? Just €14 billion of the €73 billion pre-tax profits are royalty payments paid by a multinational to the exact same multinational. That multinational decides how much it will charge itself for the right to use patents and intellectual property rights because that is such a huge proportion of the element of gross profits that is written down to the point where it pays tax on far less. Is that not the real reason?