I got it perfectly, as I have normal reading comprehension, thanks. If Ireland does not even want that cheque, it's not clear how EU should apply a different taxation retroactively. There's no chance in hell, no one, that this will stand.
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Tim Cook Calls Apple's Irish Tax Avoidance Accusations 'Total Political Crap'
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I got it perfectly, as I have normal reading comprehension, thanks. If Ireland does not even want that cheque, it's not clear how EU should apply a different taxation retroactively. There's no chance in hell, no one, that this will stand.
Especially noting the years involved, 2003-2014, where Jobs was the CEO for the bulk of that period?
Cook must be doing some good, we are in the latter half of 2016 and the date range never included 2015. Maybe it took a while for Cook to fix up the mess that his predecessor made?
Actually it works like this. Apple Ireland had small revenue profits but it paid the required taxes the revenue commissioners demanded on it's Irish subsidiary profits. The money collected from all the rest of the world was collected / routed by Apple California and therefore would not have had to pay tax in Ireland as the money was not earned in Ireland.
The 0.005% is if you assumed the money collected globally should have been paid tax in Ireland, which is mostly false economics, then the percentage they actually paid is 0.005%.
The money they earned globally should have been collected by revenue bodies inside each of the countries they earned profit from and not from Ireland regardless, or at least paid by Apple California in America - not Ireland.
There is no chance Ireland could or should have ever collected money from Apple for revenue earned in other parts of the world / eu or America, only the profits and earnings in Ireland which they did.
Apple paid tax on their irish profits and has paid all the government taxes and duties on their 5,000 employee's in Ireland.
If anything the billions of unpaid taxes should be re-patriated back to America as it was Apple California.
The EU ruling is about control and making an example, it's not about being 'right' ......
Hence their sly underhand way of trying to get the Irish government to accept the ruling by telling them they can spend the money how they like, when they know full well there is little chance Ireland will 'ever' see this money regardless. This is about EU power via multi-national embarrassment.
"Apple has always been about doing the right thing, never the easy thing."
This is actually very true. I mean, why just do the easy thing and pay the taxes from the country you sell in when you can go dig and dig to find loopholes, moral or not.
This is actually very true. I mean, why just do the easy thing and pay the taxes from the country you sell in when you can go dig and dig to find loopholes, moral or not.
Ireland doesn't want the 13 billion. They collected what they felt was the proper amount. Right? Or am I missing something...
I think what's really happening is the EU wants more money from Apple... but the bill doesn't come from the EU. Now if Ireland agreed to be a collection agent for the EU, and agreed to certain terms but did not uphold those agreed upon terms, then the issue lies between the EU and Ireland. Not Apple, and certainly Tim Cook shouldn't be jailed.
Such BS.
Care to explain how it's ok that Ireland gets funds from the EU but doesn't seem to care to collect taxes in a appropriate manner?
He actually made those quotes?!!! Wow. In the day and age we live in, no less...
Zing.
A crook? That's quite an allegation.
Apple as a company has an agreement with the government of Ireland with respect to their tax status.
If you as an individual had a similar agreement with the United States/IRS and you kept your end of that agreement, how would that land you in jail.
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...
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...
I've lost all respect for Cook, I'd support him had the tax rate not been so disgustingly low, that it insults anyone who is honest.
I actually agree with people attempting to minimise what they owe, but in apples case, it's disgusting tax avoidance . One can minimise, though not take the complete p*** out of it .
Good luck getting the reputation back Tim, very poorly played. All you had to do is shut up and let this play out, not make investment threats against eu and also mock the ruling, poor poor form.
I actually agree with people attempting to minimise what they owe, but in apples case, it's disgusting tax avoidance . One can minimise, though not take the complete p*** out of it .
Good luck getting the reputation back Tim, very poorly played. All you had to do is shut up and let this play out, not make investment threats against eu and also mock the ruling, poor poor form.
I'm not really sure what you're getting at.
Honestly I think this punishes Ireland more than it does Apple. This is just a large token case, for the EU to abolish a current tax haven, so it can collect more taxes on trades with the EU. I honestly doubt an appeal will benefit Apple, it sounds like the powers in charge have made their decision.
I wonder if this Entire episode is a political move to upset the already turbulent talks on TTIP.
::Edit: Yep got my portions of Ireland confused. #NeedsMoreCoffee
I wonder if this Entire episode is a political move to upset the already turbulent talks on TTIP.
::Edit: Yep got my portions of Ireland confused. #NeedsMoreCoffee
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Yep, but then he shouldn't act like this great guy who cares for his customers, employees, and the people who actually build the stuff in China, because he doesn't give a **** about any of them. He has one goal only, more profit, no matter what.
The IRs puts people in jail for doing perfectly legal things?
What point are you trying to make? All throughout history, including today, laws have been based on a number of factors. You need to be more specific. Social laws? Economic? Civil?
Ehh, says who? You? If entity xyz didn't pay enough taxes and that is found out (can go back up to ten years) that entity has to pay the differences. And since Ireland is part of the EU you better not only look what Ireland has to say - that would mean you have the ****** lawyers / advisors ever. Unlikely that Apple hired those but who knows.
THIS, absolutely.
If the Apple lawyers didn't take the time to read someone else's small print, that is their own fault.
When you are being taxed $50 for $1,000,000 of income, you look like a fool and an idiot if you act surprised and angry when someone else comes along and questions + corrects it.
It's how tax office investigations work, they have X amount of years to raise an investigation , and amend the return . In relation to tax, retrospective means changing the law, EU is not changing a law, its informing Ireland to collect the right amount. There is NO retrospective tax law change.
Collecting owned taxes from prior years is not Retrospective.
Because Ireland billed Apple, Apple paid the bill, Ireland said paid in full, and Ireland still says paid in full.
Ireland can say "whoops we messed up, can you pretty please pay us more so daddy doesn't get mad?"
But... Apple can say "No... but going forward we can report/pay differently if you tell us what the NEW law/agreement is."
Say what you want about Tim Cook. The eBook case, the tax case, privacy...he fight hard
If Tim's not a crook in the legal sense then he is a notorious offender in the moral sense.
The way he's defending Apple right now leaves a bad taste in the mouth.
The way he's defending Apple right now leaves a bad taste in the mouth.
For once Tim Cook isn't being politically correct. I applaud him for it. Btw, the treasury secretary of the US government agrees with him.