Facebook Building World's 'Most Advanced' Data Center In Irish Village (thestack.com) 60
An anonymous reader writes: Facebook has announced it is building a new data center in Clonee, Ireland, a small village close to Dublin. The facility, which CEO Mark Zuckerberg claims will be one of the "most advanced and energy efficient data centers in the world," will be the social network's second outside of the U.S., and its sixth globally. The new center will be located just a 30-minute drive from Facebook's international headquarters in the country's capital. It is expected to cost €200 million and employ around 2,000 people during the construction phase. The company hopes to open the facility in early 2018.
Can't be too much competition... (Score:3)
How many other data centers in Irish Villages can there be?
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the irony is, of course, if I tried to avoid US taxes by living and working in ireland for irish companies, uncle sam would still cross the atlantic to tax me.
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i don't want to renounce my US citizenship cuz I don't want to close off any open avenues in the future shoudl I want to return to US. Trump would block me with his wall!
I just don't want to be double taxed or taxed at all, for that matter. That's why the revolutionary war was faught.
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I am a US citizen, living and working in another country as a programmer. My salary is a tad above average for where I live. Every year, I file with the IRS and get $1000 deposited into my account (child credit for my daughter).
Basically, the IRS is paying me $1000 to file.
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I just don't want to be double taxed or taxed at all, for that matter.
You'll pay less tax in the US than here. If you're working in a good IT job, you probably get paid more in the US as well. Stay where you are.
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If you want to live and work in Ireland for Irish companies, then you could easily renounce your US citizenship, and have absolutely zero obligation to good old Uncle Sam whatsoever.
And, since you and I both know that you're probably not making billions of dollars a year, it's extraordinarily likely that you'd get a tax credit for taxes paid to the Irish government for all or very nearly all of the taxes you "would" owe to Uncle Sam, which means that, in effect, you have to simply file a tax return each year, which says "I owe nothing."
Stop whining.
Unfortunately, you cannot "easily renounce your US citizenship and have absolutely zero obligation to good old Uncle Sam whatsoever."
Under US Law, the US Government will refuse to recognize a renunciation of citizenship if it is determined the renunciation is solely to avoid US Income Taxes.
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If you want to live and work in Ireland for Irish companies, then you could easily renounce your US citizenship, and have absolutely zero obligation to good old Uncle Sam whatsoever.
And, since you and I both know that you're probably not making billions of dollars a year, it's extraordinarily likely that you'd get a tax credit for taxes paid to the Irish government for all or very nearly all of the taxes you "would" owe to Uncle Sam, which means that, in effect, you have to simply file a tax return each year, which says "I owe nothing."
Stop whining.
Unfortunately, you cannot "easily renounce your US citizenship and have absolutely zero obligation to good old Uncle Sam whatsoever."
Under US Law, the US Government will refuse to recognize a renunciation of citizenship if it is determined the renunciation is solely to avoid US Income Taxes.
Also, in order to receive credit for taxes paid to a Foreign Nation, there must be a pre-existing reciprocal tax treaty between (in this case) Ireland and the USA. You know for certain such a treaty exists?
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Plenty. It has a fairly stable climate year-round and the cool sea air is used for passive cooling. The irony is that the common Irish people have one of the worst internet connections in the world.
Re:Can't be too much competition... (Score:4, Informative)
"Irish village" here is a bit of a euphemism for "Dublin suburb". And the Dublin suburbs have plenty of datacenters.
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I'm thinking of moving to Ireland for a while (long story, I'm working around screwed up UK immigration laws). Can you recommend good places to go? I'm a software engineer, mostly doing embedded and some electronic design/debugging. I'd prefer to work remotely and don't really care too much about things like nightlife etc. I just want somewhere nice and not too expensive to live, with a good internet connection.
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The reason companies like Facebook will pick Ireland is because it's a tax haven, and because it's where they amass many billions of otherwise unproductive dollars.
If they try and take it somewhere more useful then they'll have to inevitably pay the tax that, if they weren't avoiding (possibly even evading in some cases) it, they'd have had to have paid in the first place.
So they have the following choices
1) They have it sat in an Irish bank not really doing anything, and possibly depreciating in value due
well, can't be solar powered (Score:4)
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They have sunlight in Ireland, you know. TFA says it will be 100% renewable powered, so I imagine they will over-build capacity and contribute at least 100% of what they pull from the grid back again. Most likely some windmills and a lot of passive cooling.
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The Irish government all also scum for stealing the social welfare of other countries citizens, as that theft reduces tax, revenues, citizens get reduced services and suffer and die. Ireland the filthy scum are feeding off the life blood of other countries citizens and they will pay a major price for that one day and that day is not that far off. It is not the tax cheating companies use Ireland, it is Ireland in the most corrupt fashion imaginable parasitically feeding off other countries economies.
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Not this bullshit again. Ireland has an efficient tax system where companies actually pay close to the tax rate that is advertised. Many countries in the EU have much higher official tax rates, but the actual rate paid after various incentives, remits and rebates is much lower. For example, the actual average rate paid in 2014 in Belgium, with an official corporate tax rate of 34.5%, was 6.5%. Comparing tax rates while ignoring all the ways various countries provide for ignoring them is pointless.
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Ireland does not generate the revenue, it just allows tax cheats to shift that revenue to another location to cheat on taxes, they are scum as this is done intentionally and they should be subject to international sanctions. Don't generate the revenue, then you are not entitled to the taxes on that revenue, all tax havens should be destroyed via economic sanctions.
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Ireland does not generate the revenue, it just allows tax cheats to shift that revenue to another location to cheat on taxes, they are scum as this is done intentionally and they should be subject to international sanctions. Don't generate the revenue, then you are not entitled to the taxes on that revenue, all tax havens should be destroyed via economic sanctions.
Ireland does not make tax cheats, incompatibilities in tax laws across jurisdictions do. The Irish government really doesn't care where multinational companies get taxed, it knows the profits aren't being earned in Ireland. All it is interested in is those multinationals creating jobs in Ireland, and they have created a huge number.
And if you want to go after tax havens, maybe look at some of the big ones, like Switzerland, or the British Crown Dependencies.
How advance it would be ? (Score:1)
"most advanced" in what area? (Score:3)
"and employ around 2,000 people during the construction phase"
Interesting the need to specify during the construction phase. I assume "most advanced" means after construction it just needs 1 part time repair tech for the killer robot security dogs.
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Most important power metric for their data centers (Score:2)
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The Double Irish (Score:2, Informative)
https://en.wikipedia.org/wiki/Double_Irish_arrangement
The double Irish arrangement is a tax avoidance strategy that some multinational corporations use to lower their corporate tax liability. The strategy uses payments between related entities in a corporate structure to shift income from a higher-tax country to a lower-tax country. It relies on the fact that Irish tax law does not include US transfer pricing rules.[1] Specifically, Ireland has territorial taxation, and hence does not levy taxes on income b
tax free I'll bet? (Score:2)
World's "Most Advanced" Tax Dodging Scheme (Score:4, Funny)
Cloneed (Score:1)
So when they duplicate their efforts somewhere else, it'll be cloned, right?