Right. After investing in more sites like the one in Italy reported earlier.Just give up EU Apple. Do the Appexit sooner then later
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European Commission Rules Apple Received Illegal State Aid From Ireland, Owes Billions in Back Taxes
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Your logic is odd - when someone benefits someone else looses? so when I buy food do I benefit or lose? I'm confused???????? Are we talking about a free market? I guess not.
You said "no manufacturing" which is wrong.
They have been building computers for 36 years in Ireland, and in the nineties they also had a plant in the Czech Republic.
Furthermore they handle all AppleCare in Europe, and the Apple Stores. The warehouse facilities are in the Netherlands.
Perhaps 4,000 people is a rounding error to you, but I hardly think you know how many people are involved in the same positions in other parts of the world.
Hardly a tax base.
you gotta love when people who don't really understand what's going on chime in with their 'opinion'
priceless
I guess now I understand your POV - didn't before. The EU doesn't want a free market system.
Only 52% of the voters did. It awaits to be seen if it was a good or bad thing, the iPhone will certainly go up in price with the new model.
you are so right!!! thank you for pointing that out
https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/White-Paper-State-Aid.pdf
So with 4000+ people help us out here, is it the second or third biggest Apple campus?!? Hardly insignificant.
No they can't do whatever they want, that's what happens when you are part of the single market EU, their are thousands of EU laws and regulations to must adhere to. And it's hardly that bad considering the wealth of some country's who are members.
I'd buy an Android then. Most of my friend have a android anyway, so big deal. The iPhone hype is dead, the coolness factor is long gone and dead. TBH the only thing keeping me on iPhone is that I don't want to bother migrating my data and the data in the apps. Also I don't want to tinker stuff anymore, it just has to be stable, reliable and work.
They should both face penalties but in fact neither will. Ireland will simple be told the sweetheart deal they did with Apple was illegal and they need to retrospectively collect the missing 10.5 percent of additional tax from Apple. Ireland makes out like a bandit.
i thought we were talking about Ireland and the infrastructure Apple has there in relation to the taxes they pay in Ireland. Yes it is a rounding error in Ireland based on the amount of taxes they pay there. Please read this and understand the issue: https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/White-Paper-State-Aid.pdf
And only around 30% want a second referendum. Many hated the EU but thought it'd be too risky to vote Leave. Now we have vote Leave they'd sooner respect the result than throw a tantrum like the pro-EU people.
The UK is going to be a haven as the EU sinks. Apple, or anyone, should make their investments now while its cheap.
Just like Europe the USA has Anti-trust or competition laws to ensure a fair playing field.
https://en.wikipedia.org/wiki/United_States_antitrust_law
There's no medical prescription behind buying Apple products. They offer a product and decide a price for it. It's up to you whether buy it or not, buy another product elsewhere, or buy nothing at all
I guess that's why America left England all those years ago - so we could forge our own destiny. Worked out pretty well for us.
How is anyone subsidizing Apple? What is the corporate welfare of which you speak? What is the point of a loop-hole if you are not going to use it? Seriously, if they think it is not fair, change the law; do not go back and demand more money after the fact when it was LEGAL to begin with!!!!!!
As I said it still remains to be seen if it was good or bad to vote leave, no one has any ideas what will happen to immigration now, chances are it will be worst, and considering Farage ran off saying sorry I lied about everything and Boris even backtracked, I don't hold much hope for it being a good thing.
We don't need a second referendum as the government can legally ignore the outcome of the last one, it's up to them what they do.
The ULTIMATE power is to tax. Therefore, making taxes "fair" is not in the best interest of those in charge of said taxes.
Totally get there are "central government" statists that support the EU to the death. But my point is there are many who are sick of it because of pedantic rulings like this. You and EU can call it "state aid" but ultimately Ireland was making an economic decision for itself, which frankly, ends up helping all of Europe in the same way Germany's industry does. Clearly, it's a better option than the route Greece took, just spending its own money and then spending other countries money. (Yeah, right Greece is going to pay it all back... ba, hah, hah).
In the U.S. states compete for companies every day with tax incentives -- there is nothing sinister about it, and it often becomes a win for the state, the company, and the federal gov't, especially when a large company like Apple is involved.