alt Hacker News> If AAPL does leave that's a massive loss for the country.
Is it, though? AAPL didn‘t pay those taxes before, that‘s exactly the underlying problem, no?
Ireland would lose something for sure, as the operations of AAPL certainly created some kind of money for the country — but not taxes.
Before the ruling Apple was paying about 8B in taxes per year to Ireland.
If multinational corporations are no longer able to do a Double-Irish Dutch Sandwich anymore, it doesn't make sense to stay there.
Which means the future losses in a single year from several large multinational corporations leaving will be larger than this one payment.