A foreign body, the EU, has NO right to say otherwise.
You may want to look up what EU stands for, quite literally and with an emphasize on the "U" in "EU", whether Ireland is part of that or not and since when if yes.
A foreign body, the EU, has NO right to say otherwise.
As long as it isn't the gas bag Drumpf who claimed Russia isn't in the Ukraine...Boy if Tim keeps up this stance pretty soon he will be a libertarian. You mean a gigantic leviathan government will be dishonest and bend laws and requirements to get what thinks it's best for the elites who run it? Say it isn't so Timmy?!? However, philosophy aside in addition to fighting this legally you may want to pick up the phone, donate. Few million to the Clinton Foundation, a few million to Hillarys campaign so you can get some time with her and she can probably put some leverage on the EU for you. Unless they offer her more of course. But either way - probably less than 14 billion. You can buy a lot of politicians for 14 billion.
That doesn't give them the right to redefine Irish lawYou may want to look up what EU stands for, quite literally and with an emphasize on the "U" in "EU", whether Ireland is part of that or not and since when.
AOI DOES HAVE EMPLOYEESAOI has no employees. Apples has a second corporation in Ireland that does have employees.
That doesn't give them the right to redefine Irish law
[doublepost=1472744658][/doublepost]I hope Ireland abandons the EU for meddling in their internal affairs
This limits how corporations can plan. Apple entered into these agreements and planned financially around them. Now they are told, after the fact, that they can't. Imagine getting a bill from a utility company for an amount higher than what you agreed to because another group said your rate was unfairNo, Ireland is not a souvereign country with regards to state subsidies. They have signed several EU contracts that limit their freedom here for the good of fair competition.
Then the EU has been gullible fools for 30 years. Or... it's not as cut and dry as you think.
It does not matter what Ireland wants. Of course Ireland does not want to collect this money, because that was the whole point of the scheme in the first place. This particular scheme is unlawful under EU law, to which Irish law is subjected, and it is the Commission’s purpose to enforce it.
The Commission cannot make the ’taxation argument’, because that is not what this is about. That this is about taxation is only incidental, the crux of the Commission’s decision is that Apple, a private company, received public money from Ireland on an individual basis. The EU has had strict rules for this exact situation since the original European Economic Community Treaty (1958). Member States are generally not allowed to use their public money to favour particular companies, because it violates the ideals of the free market and reduces cross-border and domestic competition. If Ireland does not want money from Apple, then it has to do his through general taxation, not by selectively exempting certain companies.
They are the most profitable company that has ever existed. They pay more in taxes than Samsung. People give more money to Apple for their products, therefore logic dictates people believe Apple products are betterDude, if you don't even pay 1% in taxes...you are BEGGING for a smackdown.
Apple, stop trying to play so many @$^#$%& games with taxes and start making good products for once. I don't know, maybe you could catch up to where Samsung was a few years ago and stop selling 16GB phones in the year 2016! It's embarrassing.
I guess the people are just shocked about the 0.005 % tax. This is not fair. No matter what phone I bought or how much I like my MacBook. This is just not fair.
Or would you applaud child labour if it would decrease Apples work cost footprint?
https://www.theguardian.com/business/2016/aug/30/apple-pay-back-taxes-eu-ruling-ireland-state-aid....Richard Murphy, a tax campaigner and a professor in international political economy at City University in London, said: “This is a great day for the sovereignty of the EU’s nations when it comes to tax. They will now be able to choose their own tax policies knowing another state should not be consciously undermining them when doing so. The Irish state has for too long been committed to tax abuse, unfair competition and secrecy, all of which are designed to undermine fair competition and increase inequality.”
Prof Louise Gracia of Warwick University business school said: “This ruling is a serious attempt at curtailing the power large multinationals have in avoiding their tax liabilities, and sends a warning to countries that facilitate hard-edged corporate tax minimisation strategies.”
She added: “It also shines a spotlight on the paltry levels of corporate tax that large multinationals are actually paying. Even if we accept the job and wealth creation arguments put forward by multinationals as mitigation against tax liability, this has to be within reason.”
Toby Quantrill, Christian Aid’s principal adviser on economic justice, said: “The staggering amount of money at stake here suggests that millions of citizens are paying a painfully high price for multinationals’ cosy tax deals with certain governments.
“This is not a one-off situation – it is part of a damaging race to the bottom in which governments are competing on who can offer multinationals the lowest tax bill. It’s time to get multinationals’ tax affairs out in the open, so we can all see how much they are actually contributing to the rest of society.”.....
Crazy thought...
How about the country that Apple is headquartered lower its corporate tax, rendering this money parking discussion moot?
Oh yeah, the "we deserve others' gains" class would rather have 100% of nothing than 10% of something.
My opinion is simply that 'everyone' should be trying to make the world a better place, in anyway they can. If we don't do that, there is very little point in us existing at all.
Lol,Yeah, but you forgot the picture.
You are still not getting it. The EU commission isn't fining anyone, especially not Ireland. And not Apple. They are saying that Ireland has charged Apple not enough tax, therefore Ireland should please send Apple a bill for 13 billion, and Apple should please pay that money to Ireland.
Get it? Ireland is not supposed to pay a fine, they are supposed to be given 13 billion.
But the EU doesn't want any money. The EU wants Apple to pay money to Ireland, and Ireland doesn't want it.
So if you're business is successful, it's "disgusting"? Got it.Pay your taxes Timmy Boy...
Your company isn't struggling, isn't fighting to stay alive, you have disgusting profit margins and your products sell like hotcakes...
Pay your taxes...
Ireland fears losing the lucrative upcoming Apple contracts would be worth in excess of this repatriation. That's the reason they don't want `it.'