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September 26, 2011 02:25 pm GMT
We're not exactly surprised. As we predicted in May, Twitter is setting up its European HQ in Dublin (in fact this is its first international office outside the Valley). The reasons are simple: money.Following the long- tradition of US companies in Europe (joining Google, Yahoo, AOL, Facebook, PayPal, LinkedIn, IBM, Microsoft, Oracle, Intel, Apple, HP and Zynga) Ireland's 12% corporation tax, and 45 minute flight from London (where corporation tax is 28%) is just too tempting not to take advantage of. One annual board meeting later and you can be back at you Mayfair pad in one day.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qwlrbOwpJIA/
Twitters New Dublin Office Will Cut 16% Off Its EU Tax " Maybe More
We're not exactly surprised. As we predicted in May, Twitter is setting up its European HQ in Dublin (in fact this is its first international office outside the Valley). The reasons are simple: money.Following the long- tradition of US companies in Europe (joining Google, Yahoo, AOL, Facebook, PayPal, LinkedIn, IBM, Microsoft, Oracle, Intel, Apple, HP and Zynga) Ireland's 12% corporation tax, and 45 minute flight from London (where corporation tax is 28%) is just too tempting not to take advantage of. One annual board meeting later and you can be back at you Mayfair pad in one day.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qwlrbOwpJIA/
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