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European Union Accuses Ireland of Giving Apple Illegal State Aid with Tax Deals
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They are also investigating Luxembourg. FIAT is one of the companies investigated
Good but it's prolific. This needs serious political will to stamp it out across the EU and US. If everyone paid their fair share in taxes there would be less pressure and so overall lower taxes.
Tax law in the UK needs to be ripped up and started over, it's a mess that allows for loophole after loophole to be exploited. If you are hardworking and honest you are pretty much guaranteed to be exploited and screwed in this country by the state and parasites who choose not to work and opt for the benefits career.
That would sound so much more convincing if the USA did own 17 Trillion dollars.
Your whole country is living on some else dime.
Pay you way moocher
No, 1/2 the country is paying taxes and the leech class which doesn't is having our production redistributed to them.
Whether Apple knowingly entered an agreement which constitutes illegal state aid is irrelevant. The test here is 1) whether the agreement constitutes state aid; and 2) whether the state aid is legal or not. If it is found to be illegal state aid, I expect the Commission to order recovery of said aid.
Keep in mind, this is not a criminal case. There's no point going into detail on whether Apple "colluded" with the Irish government.
Actually, the supremacy of EU laws over national laws is fairly well established. And as has been pointed out many times in this thread, there are in fact EU Regulations that are implemented directly as law in every single member state, without any room for national interpretation. You are confusing regulations with directives.
well going from 89% debt in 2008 to 111% in 2013 is an awful lot for sure ... even if the economy picks up nicely, it will take at least decade to pay back that much. Even for the US.
35% extra in 5 years is crazy considering the US size
in Austria the discussion is currently about the new federal debt calculation method which was just updated by the EU to included external companies/partly state own companies and their debt and assets, and science investments etc.
needless to say Austria's debt went from 74% to 81%
have any dutch newspapers reported on the new calculations ?
Its now 75% which is down from 79% in 2010
http://www.nationaldebtclocks.org/debtclock/netherlands
While I understand that Luxembourg is in the wrong for it's tax regime, the real anger in the EU is with Ireland, the arrogance when they thought they were the celtic tiger, only to be shown to be that it was like Iceland a MYTH.
90 Billion was needed to bail them out, did they really think there would be no consequences.
Be that as it may, the money 17 Trillion will have to be paid at some time, and by somebody.
Apple deserves to get shot down for this, they originated the Double Irish with a Dutch sandwich nonsense and have had the nerve to cry that it's their responsibility to
BS there are very little citizens who dont pay any taxes.
Perhaps educate yourself before repeating (wrongly) other people words?
ANd the netherlands .
It is called an RSS feed. LOL
How do you explain hitting refresh over and over to reply to all my posts with your irrelevant drivel? Must be my pheromones....
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So what percentage of the United States population pays personal income tax at the federal level?
Governments should firstly stop wasting tax money and should be forced to transparency.
Yes, Ireland. Recovery of unlawful aid means that the situation must be restored, which means that Ireland must collect the missing taxes from Apple, potentially with interest. The EU won’t get any of this. The concern with unlawful state aid is that it can distort competition in the EU internal market which the Commission seeks to protect. The ‘punishment’ for Ireland will be more political in nature, but can have economic repercussions as well if companies don’t trust the Irish Government anymore.
Ah so you already realise the error and you changed it from "taxes" to "federal income taxes"
So lets see WHY they dont pay federal income taxes shall we?
25% is older then 65% with low income, so people that probably paid more taxes then you at the moment .
10% students with low income
10% disabilities/sick
Oh and lets not forget troops in actice duty,...
The ones that remain usualy have no or a very low income .
Oh yes as you so nicely said it the " leech class" . What are you waiting for? Inlist afghanistan is nice this time of the year .
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Actually that depends what you want that the gouv does .5% might be enough 50% not enough . It all depends on its tasks .
And you claim back VAT on everything you buy.
Much easier said than done.
while they can seem to be connected there is no real connection between the two because of a whole host of variable reasons ranging from the VAT rate of the sold goods/service compared to the VAT on goods/service purchased, is staff on salary or are they contractors, are the goods/services exported etc.
however in general terms one would assume that if a company collects and pays the government a lot of VAT that it does well and then vice versa
Well U2 did this.
In 2006 the band moved its corporate base from Ireland to the Netherlands, where royalties on music incur virtually no tax.
http://www.pollstar.com/news_article.aspx?ID=772215
I knew it!!
It's actually about the bottom 20%, with respect to federal taxes.
The lowest quintile get enough from the earned income tax credit to refund the payroll and excise taxes they paid. The Congressional Budget Office publishes this info every year, showing the trends back to 1979.
Of course, that doesn't account for state and local taxes. But, that's 50 different variations to consider.
The more companies involved the more a nonsense it is to claim they got special treatment. The less companies the less the finding matters. Tbh it sounds like the EU is trying to sidestep the fact that agreements on tax matters require unanimous agreement by all countries.