Would be nice if he would reaffirm Apple's commitment to the Mac instead.
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Tim Cook Reaffirms Apple's Commitment to Ireland After Tax Dispute and Abandoned Data Center Plans
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I couldn't help myself when I saw this photo and how outdated the Macs are right now so I made this.
This picture needs the caption "Johnny, have you ever been in a Turkish prison?"
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The money matters more than the Mac in Timmy Cooks Apple.
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Trillion dollars on paper, and less and less products people want to buy...
[doublepost=1529611473][/doublepost]
The money matters more than the Mac in Timmy Cooks Apple.
[doublepost=1529611626][/doublepost]
Trillion dollars on paper, and less and less products people want to buy...
Because Ireland didn't require them to. If the IRS tells you that you owe $250, are you going to give them $500? No. Stop with that BS.
If tax wasn't your sole motivation Tim (which it obviously was) then you could have located in London, which is a vastly bigger city with a huge talent base.
But as tax was your sole motivation you choose Ireland. Lies aren't a good look Tim, you should know better.
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Ireland has a corporation tax rate of virtually zero. Every other European nation has rates around 20%. Ireland is a tax haven, which makes them rather unpopular around these parts. Except perhaps with Jean Claude Junker, the EU president, who used to run the EU's other tax haven - Luxembourg. The EU is such a mess.
But as tax was your sole motivation you choose Ireland. Lies aren't a good look Tim, you should know better.
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Ireland has a corporation tax rate of virtually zero. Every other European nation has rates around 20%. Ireland is a tax haven, which makes them rather unpopular around these parts. Except perhaps with Jean Claude Junker, the EU president, who used to run the EU's other tax haven - Luxembourg. The EU is such a mess.
No. The class visits a museum. Timmy: "Look boy, this is a computer. People did work with these, they were productive. We put an end to this with the iPad. Do You like your iPad? What is Your favourite app? Oh, Angry Birds, great. We love Angry Birds too."
Why on earth would Apple choose to locate where they’d pay a lot more tax? That’d be an incredibly dumb thing to do.
I absolutely agree. You know, Tim, just say it out loud. Saying: „Yes, we came for the tax and we like it here“ will do Apple a lot more good than a statement that everybody knows is wrong. Lying will make Apple look bad and will shun consumers from trusting Apple and that will cost a lot more than the tax savings you have made there.
No they negotiated, in return for unfair tax rates, that they would put locations in and business through Ireland. Those unfair rates have been ruled illegal under EU rules.
So until the appeal is heard, the legal judgement is that Apple has benefitted by 13 billion euros through abusing tax law in Ireland and the EU.
Bigger than that though, companies like Apple, which have so much power, have abused loopholes that have drained many billions from countries around the world, which hurts everyone but Apple.
"Virtually zero" and "zero" are two very different numbers. The move Ireland is seeing here should be a wakeup call to the EU to realize that companies will go elsewhere and 20% of nothing is a lot less than "virtually zero" of the largest company in the world.
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This picture needs the caption "Johnny, have you ever been in a Turkish prison?"
[doublepost=1529611473][/doublepost]
The money matters more than the Mac in Timmy Cooks Apple.
[doublepost=1529611626][/doublepost]
Trillion dollars on paper, and less and less products people want to buy...
...well...yes, money is paper...
I believe Tim.
They are there for the Mediterranium weather, the magnificent snowy mountains, the best Kaukasian pizza's and the great Eskimo tradition...
Please don't peddle this nonsense. The CTR in Ireland is 12.5% for active profits, double that for passive. Still low relatively speaking but it's hardly Monaco or the Caymans. But then Apple doesn't officially have any in-country legal entities that generate profit, 'tis all tied up in holding companies. Anyway, the money has since moved out to Jersey following the EU ruling.
Back on topic then, CEO in speaking blatant bullsh*t shocker. To paraphrase that famous quote for Timmy, better to keep quiet and be thought a hypocritical sanctimonious liar, than to open your mouth and remove all doubt.
To be fair to Apple, given all the locations within Ireland you could choose from to base your European Tax Avoidance HQ for lots of positive reasons, Cork would be way way down a very long list.
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Ugh, that's the one that makes my spleen cringe every time. Especially in his painfully slooow Southern drawl.
How long has it been there? 20 years? Maybe it wasn't down so far on the list more than a generation ago.
Oh and of course it's completely coincidental that Google's European HQ is in Dublin's IFSC.
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Can't imagine Cork ever being anywhere up on anyone's wish list, least of all in the 90s. Its a hole as even the natives begrudgingly agree (when they're not secretly campaigning for an independent republic). I guess land being ridiculously cheap and a steady population of English-speaking tech graduates were/remain the only positives.
I missed that they'd abandoned the plans. Too bad the NIMBYs won. And before anyone claims I don't know what I'm talking about, I grew up in Galway and I have a friend who lives in Athenry where it was going to be built.
1. The Irish government doesn’t want the taxes.
2. The Irish government is specifying the exact amount of taxes that Apple pays.
3. The EU government disagrees with how much Ireland is charging in taxes.
4. Any amount of taxes that Apple pays will never go to the EU, they stay in Ireland.
If the government of Ireland doesn’t want the increased tax money, why does the EU want them to take more?
A: EU is trying to assert control over the country of Ireland, while also shaking loose entrenched hi-tech businesses in the hope they can force Apple and others to move operations to the countries with more influence in the EU.
The propaganda that the EU is out for any kind of humanitarian interest here is nothing but a farce.