Google used ‘double-Irish’ to shift $75.4B in profits out of Ireland
I normally find the Hacker News audience to be balanced on issues, but for tax policy, seems like strong opinions are held without a basic understanding of facts.<p>In this instance don&#x27;t have strong opinions if:<p>* You have no idea what transfer pricing is<p>* You have no idea what companies have to do to comply with transfer pricing laws (remember that these are international transactions and they need to comply with two sets of tax authorities, both with different sets of rules)<p>* You have no idea what laws congress created related to these transactions<p>* You have no idea that these laws have been updated over the years (if you have no idea about what changed in Section 482-7T)<p>Comments like &quot;companies should just pay their taxes&quot; are like when laypeople say &quot;companies should have websites that always work instantaneously &amp; never have any downtime&quot;.  Reality is complicated and your opinion isn&#x27;t that valuable if you don&#x27;t know any basic facts.