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Oh dear oh dear, hmm I seem to recall several large banks staying in the U.K, and google even launched the Pixel 2 in London today, not America. And all that talk of financial utter doom and gloom, even world war 3, all claimed by the remain camp, all now having to back track on everything they declared as none of it came true...
We don’t need access like we do now to a market we have a massive deficit to, and the last time I checked America was the biggest economy? Oh how it would be bad to be treated like they do, those damn WTO rules....

Pure desperation on your part as a sour loser.. and I don’t have any time for bankers, greedy so and so’s that bankrupted the entire planet a few years ago due to their greed in London and New York... that will always be way way way worst then Brexit! Countless billions of hard earned TAX payers money handed over to greedy selfish people just to keep the planets economy going.

But you just keep on telling yourself the billions invested in the U.K. by EU companies will be thrown away..



?????????????

It is good for me, that you like the Brexit voting. I have no problem (besides work) with it. I do not have to deal with the consequences.I lived in Germany for almost thirty years and enjoyed all benefits of the EU.

The EU isn’t perfect (which country is perfect). But for me personally the benefits are more important than the flaws it has...

And please get your facts straight. Use google with the following keywords:

European Banking license Brexit

Here is an example: https://www.bloomberg.com/news/art...euro-area-to-beat-brexit-do-it-right-ecb-says

Would love to see Ireland leave the EU. They tried those same scare tactics during Brexit. All fake news.

Again, that wouldn’t help Apple at all.. but hey, this is quite difficult to understand, too..
 
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Bombardier is a wake up call to the reality of life outside of the EU. Those exciting trade deals with our "special partner" aren't looking so rosy now.

Well, Bombardier is NOT a U.K. company, it’s Canadian, and they broke the rules hence why Boeing complained and it was upheld. Really don’t know what that is to do with the EU.
They only make some wings in Ireland and as a country, serves them right as Ireland likes offering advantages to undercut others unfairly and in breach of regulations..... feel sorry if those people are out of work though because of that.


It is good for me, that you like the Brexit voting. I have no problem (besides work) with it. I do not have to deal with the consequences.I lived in Germany for almost thirty years and enjoyed all benefits of the EU.

The EU isn’t perfect (which country is perfect). But for me personally the benefits are more important than the flaws it has...

And please get your facts straight. Use google with the following keywords:

European Banking license Brexit

Here is an example: https://www.bloomberg.com/news/articles/2017-04-11/setting-up-in-euro-area-to-beat-brexit-do-it-right-ecb-says



Again, that wouldn’t help Apple at all.. but hey, this is quite difficult to understand, too..

The EU is not a country, and I don’t need to google anything thanks, I’ve seen so many doom and gloom predictions, only to not happen and then those same people who predicted it back track..
And their are plenty of banks and big businesses not going anywhere..
But you can believe what ever you want to...
 
Boeing asked for a 79% tarrif, Bombardier was slapped with a 215%+ tarrif. Those extra tarrifs also place American jobs at risk, because a lot of he equipment in that new jet was made in American factories by American workers.
 
Really don’t know what that is to do with the EU.
They only make some wings in Ireland and as a country, serves them right as Ireland likes offering advantages to undercut others unfairly and in breach of regulations..... feel sorry if those people are out of work though because of that.

I wrote exactly what it has to do with the EU, if you choose to ignore the writing on the wall that is your lookout.

As for Ireland, try N. Ireland, aka the UK. British jobs are at stake from our so called special friend. May has already spoken directly with Trump on this and yet this still happens. The US has always been very protectionist whilst championing the free market. There are no good trade deals to be had with it, which is why it cannot make headway with the EU, itself far too large and important an entity to let itself be bullied.

Watch out for potential trouble if Trump imposes steel import tariffs. The US has form here. Dubya imposed 30% tariffs back in the day, which particularly hit UK exports and threatened jobs. All while he was praising our special bond re: the Gulf War shenanigans. The UK standing alone will not be in any position to secure a decent trade deal with the US, let alone with China and India.
 
Well, Bombardier is NOT a U.K. company, it’s Canadian, and they broke the rules hence why Boeing complained and it was upheld. Really don’t know what that is to do with the EU.
They only make some wings in Ireland and as a country, serves them right as Ireland likes offering advantages to undercut others unfairly and in breach of regulations..... feel sorry if those people are out of work though because of that.
It does not matter if the company is Canadian.

"Only" makes some wings.

Every airframer gets some advantages, especially Boeing.
 
If I buy an iPhone in Italy or France for example - it is up to those countries to take the tax they are owed at the time of purchase. End of story!!!!!!! Ireland is not a tax collector for other countries.

Free movement of capital, services, goods and people. Thats what the EU is supposed to be about. Apple and the rest are just gaming the EU rules. Its a serious flaw in the EU architecture. It will probably take another Treaty to sort out, and could take years. Its a dog eat dog world with competition for the foreign direct investment. We have a 12.5% tax rate for FDI companies - France, Germany and others have 10s of millions of people more than Ireland. Huge economies!! For the moment - its just the nature of the beast. I would assume it will change in the future - but I wouldn't hold my breath.

In reference to the article - I am actually disgusted that all the money was not taken from Apple and put into the Escrow account while all this is sorted out. They had a year to comply. Terrible stuff.
 
If I buy an iPhone in Italy or France for example - it is up to those countries to take the tax they are owed at the time of purchase. End of story!!!!!!! Ireland is not a tax collector for other countries.

Free movement of capital, services, goods and people. Thats what the EU is supposed to be about. Apple and the rest are just gaming the EU rules. Its a serious flaw in the EU architecture. It will probably take another Treaty to sort out, and could take years. Its a dog eat dog world with competition for the foreign direct investment. We have a 12.5% tax rate for FDI companies - France, Germany and others have 10s of millions of people more than Ireland. Huge economies!! For the moment - its just the nature of the beast. I would assume it will change in the future - but I wouldn't hold my breath.

In reference to the article - I am actually disgusted that all the money was not taken from Apple and put into the Escrow account while all this is sorted out. They had a year to comply. Terrible stuff.

and that is what I hope happens at a future time. we cant keep letting multinationals play governments against each other to see who drops their trousers most.
 
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If I buy an iPhone in Italy or France for example - it is up to those countries to take the tax they are owed at the time of purchase. End of story!!!!!!! Ireland is not a tax collector for other countries.

Ireland is the “door opener” to the European Domestic Market for Apple. Which means: Apple has its European HQ (for the EU - including Norway and Switzerland as both are member of the Single Market even if both countries are not in the EU) which is required to do business there (as there is no trade deal with USA).

Ireland agreed with Apple to an exception of the Irish Tax Law. Apple offered jobs for this exception. The EU is now investigating - like it does with Amazon in Luxembourg - if these exceptions are illegal state aids.

Such tax policy you suggested can only be decided by the EU as the EU is responsible for the European Domestic Market. In fact, there is already such a tax. If you buy apps in the German App Store you have the German Tax rate (19%). If you buy it in the Italian App Store, you have the Italian Tax rate
 
Such tax policy you suggested can only be decided by the EU as the EU is responsible for the European Domestic Market. In fact, there is already such a tax. If you buy apps in the German App Store you have the German Tax rate (19%). If you buy it in the Italian App Store, you have the Italian Tax rate
The problem is not VAT, but profit shifting.
 
If I buy an iPhone in Italy or France for example - it is up to those countries to take the tax they are owed at the time of purchase. End of story!!!!!!! Ireland is not a tax collector for other countries

Just by saying this you indicate you don't understand what the EU is and what Apple / IRE are being accused of here.

Because of the open borders of trade in the EU. Apple doesn't claim that their business resides in each of those countries. So if you buy an iPhone in Italy, Apple doesn't claim it on Italy's offices financials. They claim it on Irelands financials. Meaning they don't pay italy taxes, and they pay their "special rate" only in ireland.

What the EU is contending is this is illegal and has a few detrimental affects on the EU. First, it provides unfair business advantage to Ireland by giving Apple incentive to open business offices and stay only in Ireland, instead of spreading offices and providing work in the rest of the EU.

Secondly, it means that because ireland is collecting far less tax than they're legally supposed to as a member state, the tax money that ireland pays to the EU is also lower. Thus hurting the other nations who would rely on that.

So sure, Let the countries where the business takes place collect taxes. But that would require Apple to disband their Ireland office and open up business offices with their own financial reporting in each EU nation. Which defeats the purpose of the EU's open borders.
 
I wrote exactly what it has to do with the EU, if you choose to ignore the writing on the wall that is your lookout.

As for Ireland, try N. Ireland, aka the UK. British jobs are at stake from our so called special friend. May has already spoken directly with Trump on this and yet this still happens. The US has always been very protectionist whilst championing the free market. There are no good trade deals to be had with it, which is why it cannot make headway with the EU, itself far too large and important an entity to let itself be bullied.

Watch out for potential trouble if Trump imposes steel import tariffs. The US has form here. Dubya imposed 30% tariffs back in the day, which particularly hit UK exports and threatened jobs. All while he was praising our special bond re: the Gulf War shenanigans. The UK standing alone will not be in any position to secure a decent trade deal with the US, let alone with China and India.

It does not matter if the company is Canadian.

"Only" makes some wings.

Every airframer gets some advantages, especially Boeing.

Hahahaha project fear in full effect... isn’t one of you a banker making a mint off Brexit anyway??

And no, I’m not cryptic Meg so a three word reply does not ‘explain what it has to do with Brexit’! Which is absolutely nothing what so ever..

As I said, project fear, it seems to be people that seem incapable of doing anything other then projecting false ideologies of end of the world predictions for the U.K. Usually because they personally are getting something for being in the EU and have no respect what so ever for democracy, or the free world.
 
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Here's what I don't get. Ireland is sovereign. Greece is sovereign. Ireland chooses to have low taxes and debt and minimal social programs and is thriving. Greece chooses to have large but mostly uncollected taxes, extreme debt and extreme social programs and is totally bankrupt. Why is the smarter one being criticised?

Because they are in Europe and not socialist enough!!!

:(
 
To what extent though? I read somewhere that Apple was putting money into escrow - not sure why they would do that.
That is part of it. I am not sure if Ireland would be in the end allowed to refuse payment, in which case the EU would withdraw the same amount in subsidies.
 
Just by saying this you indicate you don't understand what the EU is and what Apple / IRE are being accused of here..

I think I understand it all quite well - thank you very much. I especially understand the grandstanding behaviour of Mrs Vestager. Please from the outset understand that the rate of tax is a sovereign choice by Ireland. NO ONE else can make that decision. I could very well turn around and say let the rest come down to 7 or 8%. Ohh no - we can’t say that. And rightly so!!


The entire case is about State-Aid. The allegation is that Ireland gave an unfair advantage to Apple Inc by basically not taxing it enough. A State-aid pretext cannot be used to usurp sovereign tax decisions. The EU is trying to use completion law to enforce its will (tax laws) on sovereign member states. Not going to happen!


Tax avoidance is a problem that can only be solved through transparent legislation with consensus by all EU member states.


The case is simply without merit. It is blindingly obvious. Mrs Vestager can twist and turn it whatever way she wants. The State-Aid argument will not hold up in the ECJ. The ECJ are not grandstanders. Tax decisions are sovereign.


So I fully stand by my initial post. The problem never resided with Ireland, The Netherlands, Luxembourg or the rest. The problem is in the EU architecture, built in by people like Wolfgang Schäuble. Knock at his door for answers. If the EU wants the tax - collect it in their own countries. Ireland is not a tax collector for other countries.

Basically change of the Lisbon Treaty is the answer. But that is toxic right now - so they (unelected technocrats and some grandstanding heads of state) bang a drum about State-Aid (taxes) to stir up tensions between countries. I am confident most EU citizens see this for what it is - yet another attempt at a power grab by the EU entity - that will effect all member states (especially the smaller ones).
 
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Here's what I don't get. Ireland is sovereign. Greece is sovereign. Ireland chooses to have low taxes and debt and minimal social programs and is thriving. Greece chooses to have large but mostly uncollected taxes, extreme debt and extreme social programs and is totally bankrupt. Why is the smarter one being criticised?

Because they are in Europe and not socialist enough!!!

:(
Well said
 
Boeing asked for a 79% tarrif, Bombardier was slapped with a 215%+ tarrif. Those extra tarrifs also place American jobs at risk, because a lot of he equipment in that new jet was made in American factories by American workers.
Total tariff of 300% now.

I read that 55% of the CSeries content is American and 10% Canadian.

And Bombardier invested billions in the US.
 
It goes to ITC for adjudication. This might be a political position that is known in advance to fail. But it is in the news everywhere. As a vendor to Bombardier I find their business practices to be normal and customary. If Canada's bail out was wrong, then GM's and Chrysler's was 10x as bad and all GM product should be banned not just tariffed. GM and Chrysler bondholder assets were tendered to unions! Seriously. Totally illegal.

Ford REFUSED the bailout and should be rewarded by citizens buying a Ford over a GM or Chrysler product if you also believe in Bombardier tariffs. Be consistent.
 
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Total tariff of 300% now.

I read that 55% of the CSeries content is American and 10% Canadian.

And Bombardier invested billions in the US.

this spat between Bombardier and boeing is getting stupid. lets just slap 100000% tarrif on everything
 
The EU slapped Brazil (and others) with steel tariffs. Embraer was complaining about the CSeries, but to be fair, I think they basically get no subsidies and they said they don't want to destroy BBD.

Brazil bought some Gripens and Embraer will help Saab build them.
 
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Of course they did, but Ireland set the terms. If those terms were illegal the onus should be on Ireland, not Apple.
Except that Apple totally knew that this deal was illegal, and yet agreed to do it.
If a bank employee tell you you can get money from the drawer, it's still stealing and you're both guilty of that.

And for everyone saying the EU is just greedy, they're pretty much just asking Ireland to get its money. It's funny to see people claiming EU does this because countries have a big public debt, when part of the debt could be filled with the money the government doesn't take.
Especially when the US has the biggest debt in the world. 106% of its gross domestic product, only beaten by 4 european countries.
 
Here's what I don't get. Ireland is sovereign. Greece is sovereign. Ireland chooses to have low taxes and debt and minimal social programs and is thriving. Greece chooses to have large but mostly uncollected taxes, extreme debt and extreme social programs and is totally bankrupt. Why is the smarter one being criticised?

Because they are in Europe and not socialist enough!!!

:(


because firstly, the simple bit is ireland broke the rules. they dropped their trousers to apple.

secondly, the world has a problem in that its easy these days for multinationals to play governments against each other to get the best results. at least in ireland apple opened factories, whereas in luxembourg apple put all of iTunes income through what was a post box. the EU as a whole loses out in this, so they have to clamp down on individual governments dropping their trousers.
 
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