The ‘everyone else is doing it’ excuse shouldn’t cut it anymore. Tax the crap out of these unscrupulous companies!
What do you think will happen? If costs of doing business goes up. That cost is passed to the consumer when they purchase.
You might thoroughly read the ruling. Apple sought a selective advantage which Ireland granted.It wasn't subject to approval. Taxes are not part of the EU and are left to each member state. In this case, a low tax was found to be illegal state aid which is part of EU regulations.
Apple doesn’t tax anyone, companies can’t tax you.They’re lucky Ireland/the E.U. taxes them on profits only - not 30% of revenue (as Apple taxes app developers).
Oh you can, you just need to make sure money ends up in the politicians pockets. Later on they will refuse access to SMS, delete them and claim they can't remember what happened.To the naysayers, told you so 5-6 years ago, not here to pat myself on the back.
There were lots of people back then against Ireland/the EU, I told them, let's wait and
see, you can't fool the EU.
Because Apple lowers the price based on the taxes they are not paying instead of pocketing the money they make with their high ticket prices.I guess we’re definitely getting a price increase on the iPhone next year.
Don't think so, Apple's EU headquarters is in Ireland AFAIK, so no don't think so.So when I file my personal USA income tax return I get to deduct $1 in the USA income tax owed for each $1 in foreign income tax paid. Is the same true for corporations so Apple will now be able to reduce their USA income tax by $14.5 billion?
Ireland has just over 5 million inhabitants, which is about 1.2% of the total population of the EU and has a GDP per capita of $103,000. This makes Ireland the richest country in the EU after Luxembourg.Or just raise prices across the EU
Sure there is corruption in the EU, but I think it is by no means as bad as for instance the US.Oh you can, you just need to make sure money ends up in the politicians pockets. Later on they will refuse access to SMS, delete them and claim they can't remember what happened.
The ‘everyone else is doing it’ excuse shouldn’t cut it anymore. Tax the crap out of these unscrupulous companies!
Anyone spinning things is you.
Nope. Tax strategy is not tax evasion. More spin.They set up that structure explicitly to “dodge” taxes - and it was found illegal. End of discussion.
Bullocks. Your spin is incorrect. Tax strategy is not tax evasion. That’s spin.You’re spinning it as “losing a case”. Which is very disingenuous, considering your own insistence on “case law” (or lack thereof) in repeatedly pointing out how Apple is supposedly anbiding by the (anntitrust) law and not acting anticompetitively.
ding ding ding... we found butt-hurt IrishIreland is one of the least shady countries in the world. https://en.wikipedia.org/wiki/Corruption_Perceptions_Index
Poland on the other hand is worse than some African countries in that respect.
Can’t wait for them to pass that off to the consumer. 🙂
Doesn't mean it's not tax evasion either by the way.
Nope. Tax strategy is not tax evasion. More spin.
Bullocks. Your spin is incorrect. Tax strategy is not tax evasion. That’s spin.
Not quite sure why they will take a charge of up to $10 billion for this ruling. The money to pay has been set aside in an escrow account for years, and has actually accrued quite a bit of interest.
Anyway, while there's no doubt the Irish government made a nice deal with Apple years ago as a way of getting a large corporate presence from Apple in the country, I think the decision on the part of the EU is wrong. It can easily be seen as morally wrong, but not illegal. The EU forcing Ireland to stop the deal is fine, but not make the change in law ex post facto.
In any event, with Apple having something like $160 billion in cash and as I said, the money for this decision already set aside, it will be just a blip in the larger story that is Apple.
Doesn’t mean it is. So don’t say it is or isn’t if you (not you personally) don’t really know.Doesn't mean it's not tax evasion either by the way.
Apple can try raise prices in Europe. But than people might rather buy a Samsung Flip-phone, like the people in Korean dramas are always using.I'm sure someone will say Apple should pull out of the EU.
Or just raise prices across the EU for all pruducts to make those in the EU pay for this. Call it the CTF (CoreTechnologyTax Fee)
So let's not mention/postulate anything unless we're totally sure then.Doesn’t mean it is. So don’t say it is or isn’t if you (not you personally) don’t really know.