Apparently, Irish Finance Minister is committed to a crackdown on multinational corporations’ big business tax avoidance. As a result, Apple and Google will be affected first.
Apparently, the country has been under a fair bit of pressure for a while. For example, Germany claimed they would have to bail out the Irish economy when it is ignoring pots of gold from the likes of Google and Apple. Of course, the people are also unhappy that they are expected to be austere and lose government services while tech giants are making millions. However, the new rules for “stateless” entities will only apply from January 2015, so tech giants will have plenty of time to find a new tax haven.