There's no free lunch. We all have to pay our fair share of taxes. And since "corporations are people", per the wizards on the US Supreme Court, Apple should have to pay taxes just like all other people do.
This has nothing to do with capitalism and has more to do with extortion. Maybe Washington should use the RICO laws against the EU.
Of course this has to do with capitalism. Apple doesn't want to pay taxes to the US government and they don't want to pay taxes in Europe. Then to top it all off, most of theses likeminded tax evading businesses (Google, Facebook, Netflix, etc) destroy local industries within many of the countries they operate. Google and Facebook have destroyed local publishers ability to earn advertising revenue, of which a portion was taxed and went to local government.
No wonder the world is in a state of turmoil with huge degree's of inequality.
I don’t want to pay taxes either. I try my best to legally “evade" them, just like Apple. I only pay the taxes I can’t legally avoid (ethics have no place in paying taxes). It’s why I pay a tax expert to prepare my tax return. The government gets not one penny more than I have to give them. To a socialist I must be en evil person, right?
There's no free lunch. We all have to pay our fair share of taxes. And since "corporations are people", per the wizards on the US Supreme Court, Apple should have to pay taxes just like all other people do.
Hilarious that you cite the US Supreme Court as having jurisdiction over Irish tax law -- that is rich. I guess that's what they teach in public schools these days.
Apple DID pay its fair share of taxes in Ireland -- they paid exactly what Irish law asked of them.
There's no free lunch. We all have to pay our fair share of taxes. And since "corporations are people", per the wizards on the US Supreme Court, Apple should have to pay taxes just like all other people do.
Hilarious that you cite the US Supreme Court as having jurisdiction over Irish tax law -- that is rich. I guess that's what they teach in public schools these days.
Apple DID pay its fair share of taxes in Ireland -- they paid exactly what Irish law asked of them.
Hilarious that you cite the US Supreme Court as having jurisdiction over Irish tax law -- that is rich. I guess that's what they teach in public schools these days.
Apple DID pay its fair share of taxes in Ireland -- they paid exactly what Irish law asked of them.
He's talking about the taxes Apple evades here...
No he isn't, the topic at hand is clearly Apple's Irish taxes... nice try though.... and Apple does not "evade" taxes in the U.S., it naturally minimizes the taxes it pays lawfully -- but that is clearly a distinction that is lost on those who think "law" is something that you can change the meaning of depending on how it suits your passing fancy.
The EU a.k.a. Germany are just extorting U.S. firms like Apple with their "back taxes" scheme.... If no international body (WTO?) will step in and prevent this type of behavior, the U.S. needs to start playing equally dirty with all big European corporations doing business in the United States. (BMW, VW, etc.) Meanwhile we should be strengthening our future economic ties with the U.K., who, unlike Germany, are actually our friends.
The EU aka Germany? Can you verify that? Germany extorting money from US firms? What planet are you on? You sound like Trump. Ireland created tax schemes they should not have done under EU law and Apple should not have taken advantage of those. Now they have to pay just like VW in the US. If the UK leaves the EU most of the the US trade will still be done with the rest of the EU, to start a trade war is in nobodies interest.
With Brexit, English corporations like Apple in Ireland, no longer have to worry about taxes from other European nations.
The Apple prescence is in the Republic of Ireland, which has never been English, and hasn't been British for almost 100 years. There is no plan for the RoI to exit the EU.
Come to the UK Apple. We hate the corrupt EU too. Their stupid regulations nearly killed my business, and I look forward to common sense returning, lower taxes and a more competitive and dynamic UK. Getting rid of that Soviet style entity was the best thing that ever happened. I hope the rest of Europe follow and the whole EU project crumbles.
Of course this has to do with capitalism. Apple doesn't want to pay taxes to the US government and they don't want to pay taxes in Europe. Then to top it all off, most of theses likeminded tax evading businesses (Google, Facebook, Netflix, etc) destroy local industries within many of the countries they operate. Google and Facebook have destroyed local publishers ability to earn advertising revenue, of which a portion was taxed and went to local government.
No wonder the world is in a state of turmoil with huge degree's of inequality.
I don’t want to pay taxes either. I try my best to legally “evade" them, just like Apple. I only pay the taxes I can’t legally avoid (ethics have no place in paying taxes). It’s why I pay a tax expert to prepare my tax return. The government gets not one penny more than I have to give them. To a socialist I must be en evil person, right?
To a socialist, yes. But socialists are just brain dead idiots, so who cares what they think. Why pay more than you are legally obliged? it's not your fault, you are just acting efficiently within the legal boundaries of the country that you trade.
With Brexit, English corporations like Apple in Ireland, no longer have to worry about taxes from other European nations.
The Apple prescence is in the Republic of Ireland, which has never been English, and hasn't been British for almost 100 years. There is no plan for the RoI to exit the EU.
Interesting, because during my trip to ROI last week, every person I met congratulated me for leaving the EU, and wanted their own referendum to leave the EU. It's crumbling, like it or not. Now or later, the EU will die.
The Apple prescence is in the Republic of Ireland, which has never been English, and hasn't been British for almost 100 years. There is no plan for the RoI to exit the EU.
Interesting, because during my trip to ROI last week, every person I met congratulated me for leaving the EU, and wanted their own referendum to leave the EU. It's crumbling, like it or not. Now or later, the EU will die.
Nevertheless, there is no plan for the RoI to exit the EU.
IMHO US Companies including Apple should be looking to the UK. It seems pretty clear both countries would like to come to trade agreements and with the exchange rate what a great time to buy into or outright take over UK companies. In addition, if the UK is smart they will offer as good tax breaks as Ireland for company relocation there and they don't have to ask Brussels! I am sure the UK £ will rebound sooner than later and be even stronger than it was if not far stronger than the Euro.
Tax rules in the EU state that all business made in the EU are to be taxed in the EU (seems logic). Any multinational needs a local representation in the EU. The moment the UK will no longer be part of the EU, a company can no longer run its EU business from the UK. So leaving Ireland for the UK, would be really stupid. Apple would not solve its tax issue, it would only make things much worse. By the way the same rule is one of the main reasons why the Brexit is a bad thing for the UK economy. All European headquarters of multinationals that are currently located in the UK, will have to move that to another EU country. This will cost jobs in the UK
I hope Vestagar has the sense to politely tell him to fuck off and mind his own business, which this quite clearly isn't.
It is a woman, and it is her business. She is responsible for EU competition rules. And she believes that the government of Ireland has given illegal state fund to Apple by granting Apple to pay only about 1% corporate tax iso. the normal 12.5%
IMHO US Companies including Apple should be looking to the UK. It seems pretty clear both countries would like to come to trade agreements and with the exchange rate what a great time to buy into or outright take over UK companies. In addition, if the UK is smart they will offer as good tax breaks as Ireland for company relocation there and they don't have to ask Brussels! I am sure the UK £ will rebound sooner than later and be even stronger than it was if not far stronger than the Euro.
Once UK leave the EU the WTO trade terms will apply between the two countries. The UK will not survive under this agreement so will need to negotiate a better one with the EU. Not being a tax haven will be a significant part of the deal the EU offer the UK.
BTW the UK is one of the countries pushing this anti-trust case the hardest.
If Scotland leave UK no one in England will notice. However Scotland will be in one hell of a mess, I doubt the EU would accept them so where would they go for handouts?
What many people do not realise is a lot of resources (like oil) actually belong to Scotland. London likes to downplay the importance of Scotland but fact is that England pretty much only has the finance industry in London which not only has but will take a much harder hit once the split commences because London is only strong thanks to the ability to shift money around in Europe freely and the special rules the UK government has negotiated over the years.
Scotland is anything but a mess. A referendum to leave the UK a while ago was only closely lost and the EU will accept any applying party that fulfils the criteria catalog and Scotland will have a much chance of getting in than say Turkey.
Comments
The Irish Government actually did say they would fight it. That is what the article was correctly referring to.
Chart is a little out of date, and the service has likely degraded since then under Tory mismanagement, but it's still a very good service.
EDIT: Ugh, posting image links in the mobile editor is next to impossible.
Apple DID pay its fair share of taxes in Ireland -- they paid exactly what Irish law asked of them.
Ireland created tax schemes they should not have done under EU law and Apple should not have taken advantage of those. Now they have to pay just like VW in the US.
If the UK leaves the EU most of the the US trade will still be done with the rest of the EU, to start a trade war is in nobodies interest.
Why pay more than you are legally obliged? it's not your fault, you are just acting efficiently within the legal boundaries of the country that you trade.
Interesting, because during my trip to ROI last week, every person I met congratulated me for leaving the EU, and wanted their own referendum to leave the EU.
It's crumbling, like it or not. Now or later, the EU will die.
The moment the UK will no longer be part of the EU, a company can no longer run its EU business from the UK. So leaving Ireland for the UK, would be really stupid. Apple would not solve its tax issue, it would only make things much worse.
By the way the same rule is one of the main reasons why the Brexit is a bad thing for the UK economy. All European headquarters of multinationals that are currently located in the UK, will have to move that to another EU country. This will cost jobs in the UK
BTW the UK is one of the countries pushing this anti-trust case the hardest.
Scotland is anything but a mess. A referendum to leave the UK a while ago was only closely lost and the EU will accept any applying party that fulfils the criteria catalog and Scotland will have a much chance of getting in than say Turkey.