Millions of American corporate profits are shipped to Ireland and Ireland reaps the benefits of its 12.5% tax rate. All that money that is lost to the U.S. helps to fuel the Celtic economy. Is it too much to ask that you lend a hand?
The U.S. Government would appreciate it, considering how much money they're losing in the tax dodge, if Ireland could put Tom McGuinn, Sean McGuinn and Sean Byrne on an Aer Lingus flight to Washington DC.
It seems that the McGuinns and Mr. Byrne have been purchasing helicopter engines in the States and then shipping them to places like Malaysia and the Middle East, where it is perfectly legal to sell American products. No embargo there, not like the trade restrictions in place to keep Iran from getting their hands on military material.
Once the items are no longer in the U.S., the men of Mac Aviation turn around and fill the orders of their Iranian clients with the items that they said were meant for buyers in Malaysia and the Middle East.
Instead of money, Mac Aviation was laundering Rolls Royce helicopter engines, and that is illegal enough to put the three businessmen in jail for a very, very, very long time. The U.S. takes the Iran embargo quite seriously indeed.
At the moment, the U.S. Justice Department is leaning on the Irish to arrest and extradite the trio, who would then face trial in America.
After all the financial support provided by American multi-nationals paying taxes on their profits in Ireland, is it asking so much that a bit of support be sent the other way across the Atlantic?
Eventually, Michael Martin or Brian Cowen will be in Washington, pleading with Congress to not lower American corporate tax rates. When the horse-trading starts, they'll need something in their stable, won't they?
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