Tim's assurance that he will appeal this actually makes me wish for Apple to get sued by more patent trolls.
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Tim Cook Pens Open Letter on Tax Evasion Claims, Says Apple is Confident Decision 'Will be Reversed'
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Apple vs European Commission 0:1. I really think that Apple has 0% chance to win this. Its tax evasion bro.
The UK economy has hardly gone into freefall. Sure the pound dropped, but exchange rates are always fluctuating.
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My point is that the EU is dictating to Ireland what it thinks its tax policy should be.
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The stock price hasn't changed much. My guess is that they ultimately will settle this for something in between.
Britain? You mean that US sponsored poodle with identity crisis?
Yes, because it is never wrong when Apple uses its purchased patents to troll smaller innovation/talent that do the work to compete.
http://betanews.com/2011/12/20/apple-is-a-patent-troll-now/
Why else do companies buy each other out? Apart from all the patents held? The other companies' technology is not always (or often) used, it's no less abandoned. But the patents, regardless of how generic, are quickly used. This is "capitalism"??
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Cook learned from Jobs well. Jobs knew of the antenna but blamed the customers for holding it wrong anyway. No small business could get away with these antics.
Lol, you can't be serious. The only reason Apple has any operations in Ireland is because it's a tax haven. Take out the favorable tax rates and there is no reason at all for Apple to do business there. Take your $13 billion (actually would be far less, because that would be "shared" with the rest of the EU) and give up that 10 fold in job creation/wages.
Libs are just so so blind.
Well, *now* Tim Cook talks about Steve Jobs and put a picture of him on his blog.
But in the keynotes and products announcement, no. And when they make fun of Steve Jobs design decisions(iOS 7 keynote), no! This is a new low, Tim should have solved this issue before and now it exploded in his face.
But in the keynotes and products announcement, no. And when they make fun of Steve Jobs design decisions(iOS 7 keynote), no! This is a new low, Tim should have solved this issue before and now it exploded in his face.
It has by Ireland for decades. Not Apple's fault because the EU hate what Irish law is.
"It's tax evasion bro"
Did you learn that from your art history degree?
Tax evasion is using illegal means to avoid tax. Tax avoidance is minimizing your tax base by legal means; which every Publicly traded company has an obligation to do.
EU is just salty that they don't get a big cut of that Apple Pie and are trying to impose stronger tax regulations on Ireland.
As far as we know Apple was following Ireland's tax code to the letter.
With the state the EU is in, this is just par for the course.
It's open season on technology companies.
This article from 2015, but updated today.
http://www.nytimes.com/interactive/...ope-Is-Going-After-U.S.-Tech-Giants.html?_r=0
It's open season on technology companies.
This article from 2015, but updated today.
http://www.nytimes.com/interactive/...ope-Is-Going-After-U.S.-Tech-Giants.html?_r=0
My question is why in hell are the people of Ireland not voting for governments that don't allow low company tax rates to some larger corporations? One would have thought your own government allowing a company to pay ultra low company tax would spart a nationmal outcry.
This looks like the EU trying to raid Apple to fund it''s own sinking ship, the EU itself.
Germany needs to leave the EU so the EU can collapse. Then everything will be better.
This looks like the EU trying to raid Apple to fund it''s own sinking ship, the EU itself.
Germany needs to leave the EU so the EU can collapse. Then everything will be better.
You don't get my point at all.
Apple is going to appeal the decision and go through a long process that could be a waste of everyone's time hoping to get keep their billions of dollars saved from greed.
We all know how greedy unethical patent trolls game with the technicalities of law, with Apple being a victim of their lawsuits. Now, Apple is that doing to Europe.
That's the point I implied.
With companies the size of apple the difference gets very small, they threaten to simply go somewhere else if demands arent met.
This money is for ireland, not EU. EU doesnt get a penny of this money and it probably cost millions in handling the case .
So complete nonsense .
But ireland isnt following the EU's, last time I checked ireland is still part od the EU and voted in favor of that EU regulation.
Tim Cook has posted an open letter on Apple's website in response to the European Commission's ruling that Apple must pay 13 billion euros ($14.5 billion) in back taxes dating from 2003 through 2014.
Cook's letter begins by discussing Apple's long history in Ireland, which dates back to a small facility that housed 60 employees in 1980. That statistic has now expanded to 6,000 employees across Ireland in total, benefiting both the company and local economies.
As it's grown, Cook says that Apple has become "the largest taxpayer in the world," and that "Apple follows the law and we pay all the taxes we owe." Directly confronting the European Commission's ruling, Cook claims that the EC has "launched an effort to rewrite Apple's history in Europe."
The Apple CEO points out that the claim -- stating Ireland gave Apple a "special deal" on its taxes -- is completely false and "has no basis in fact or in law." Cook thinks the commission's ruling also has the potential to set a dangerous precedent, because it is attempting to replace tangible Irish tax laws "with a view of what the Commission thinks the law should have been."
Apple's next move is to appeal the Commission's ruling, which Ireland is said to be doing as well, with Cook remaining "confident" that the decision will ultimately be reversed and the company won't have to pay the 13 billion euros after all. Throughout all of the current drama and turmoil, Cook reiterates that Apple is "committed to Ireland" and that the company has no plans to stop investing in a future not only for its customers there, but its employees as well.
Read Cook's full letter about the European Commissions' ruling here.
Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
Article Link: Tim Cook Pens Open Letter on Tax Evasion Claims, Says Apple is Confident Decision 'Will be Reversed'
Because Ireland doesn't benefit enough in the EU as it stands?
Besides, the last thing the Irish will do is join the British in ANYTHING.
The EU scraping the bottom of the barrel during it's decline into oblivion. (And by the way, with regards to the Calais situation, "**** you Sarkozy! Go and stand on your soapbox (pun intended) on your Schengen border and don't blame us for being Le ****!" Vive l'Irlande!
"As it's grown, Cook says that Apple has become "the largest taxpayer in the world," and that "Apple follows the law and we pay all the taxes we owe." Directly confronting the European Commission's ruling"
That's all i needed to hear... So Apple knows what it was doing, if they say they'll gladly pay up, Apple thought they could get away with it... and is admitting to what they did was wrong.
That's all i needed to hear... So Apple knows what it was doing, if they say they'll gladly pay up, Apple thought they could get away with it... and is admitting to what they did was wrong.
Which is their prerogative in a global market. Apple gets globally favorable tax treatment and in turn provides thousands of jobs to the Irish economy. So, umm what is your point exactly?
Wrong again, every country has to pay a fee to belong to the EU. Don't you think for a second the EU would be investing this much in this investigation if there wasn't some kind of monetary incentive.
Your 3 for 3 in being flat out wrong. Yes, Ireland is part of the EU, but as part of the treaties that were signed, member countries are responsible for their own taxation policies...not the EU.
Just crazy that you would post all this without knowing the facts.