Ireland takes the EU presidency with Big Tech paying 40 per cent of its tax bill
TL;DR
Ireland takes over the EU Council presidency on 1 July with a tech-heavy legislative agenda, but its economy depends on the very companies those rules target. Two firms, understood to be Apple and Microsoft, paid 40 per cent of all Irish corporate tax in 2024.
Ireland takes over the rotating presidency of the Council of the EU on 1 July, inheriting a legislative agenda that includes proposals to curb Europe’s reliance on American tech, simplify the bloc’s digital rulebook, decide whether to ban children from social media, and overhaul telecom regulations. The country holding the presidency is supposed to act as an honest broker, finding common ground among 27 member states rather than advancing its own interests.
That role is complicated when the broker’s economy runs on the companies being regulated. Sixteen of the world’s 20 largest tech firms reportedly operate hubs in Ireland, and more than 100,000...
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