Submission statement: it’s about global capital flows.
In preparation for the dangers of the annual St Patrick’s Day visit, Ireland is buttering up data about the scale of its FDI in the US. It’s the 5th largest source of FDI according to the US Department of Commerce and was the single largest source of foreign investment expenditure in 2024 according to the US Bureau of Economic Analysis.
Negative_Scarcity315 on
Investing in the US through Ireland makes sense because of the Ireland–US double taxation treaty. I have invested in the US through Ireland for many years because of the reduced dividend tax on US stocks, and also you escape the dumb inheritance tax applied to non-US citzens.
> Non-U.S. citizens not domiciled in the U.S. are subject to U.S. federal estate tax only on “U.S.-situs” assets—those physically located in the U.S., such as real estate or shares in U.S. corporations. Their estate receives a limited $60,000 exemption, with tax rates ranging from 18% to 40% on any amount exceeding that threshold.
vaguelydad on
First they send send us literally MILLIONS of immigrants over DECADES of US history (some I assume are good people). They brought a weird un-WASPY version of Christianity, even infecting the supreme court with these beliefs. Now they’re balooning our trade deficit with direct investment! Trump please save us from the Irish!
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The Hiberian Conspiracy is real
Submission statement: it’s about global capital flows.
In preparation for the dangers of the annual St Patrick’s Day visit, Ireland is buttering up data about the scale of its FDI in the US. It’s the 5th largest source of FDI according to the US Department of Commerce and was the single largest source of foreign investment expenditure in 2024 according to the US Bureau of Economic Analysis.
Investing in the US through Ireland makes sense because of the Ireland–US double taxation treaty. I have invested in the US through Ireland for many years because of the reduced dividend tax on US stocks, and also you escape the dumb inheritance tax applied to non-US citzens.
> Non-U.S. citizens not domiciled in the U.S. are subject to U.S. federal estate tax only on “U.S.-situs” assets—those physically located in the U.S., such as real estate or shares in U.S. corporations. Their estate receives a limited $60,000 exemption, with tax rates ranging from 18% to 40% on any amount exceeding that threshold.
First they send send us literally MILLIONS of immigrants over DECADES of US history (some I assume are good people). They brought a weird un-WASPY version of Christianity, even infecting the supreme court with these beliefs. Now they’re balooning our trade deficit with direct investment! Trump please save us from the Irish!
Celtic bros stand back and stand by.