Apple should put some money into funding a revolution and the collapse of the EU. Call it an investment for the future. One that will save them lots of money.
It is in Apple's best interest that the EU dies a quick death.
I think you are really Donald Trump. I don't think you appreciate what the common market is or why businesses love it or that a piddling few billion Apple might have to fork over is a trifle compared to the massive financial benefits they derive from such a large single market vs the alternative.
Screw those new jobs that Apple was planning in that country!
Apple should take its business elsewhere, there are plenty of other places to choose!
So where in the EU should they go? They still need an eu Base and would still have to pay the tax.
Good point! I suppose that they do need a EU base.
In that case, Apple should raise the price of all products offered in the EU zone, to compensate for the illegal tax rape and to offset any loss of profits and income, because of the mob shake down.
They probably will raise prices in the EU, if this were to come to pass. However, it's a long ways away, and affects many US companies (Amazon, Google, Starbucks, etc.) not just Apple.
They will be raising prices because of the declining Euro long before the final disposition of the tax case.
I think you are really Donald Trump. I don't think you appreciate what the common market is or why businesses love it or that a piddling few billion Apple might have to fork over is a trifle compared to the massive financial benefits they derive from such a large single market vs the alternative.
I wouldn't complain if I was equally as rich as he was.
As for the "common market", it wasn't important enough for the UK to still be a part of it.
This is not just about economics or taxes. The EU has control over countless other aspects of people's lives, and that's why it's evil.
That woman in Germany is no better than her predecessor that caused a bit of a disturbance in Europe last century.
This will go to appeal and be stuck for at least 3 years. Then the US government will pass a law to bring back the cash to the USA. There will be no cash in the EU for them to collect.
Eventually they will settle for about $200 million.
It will go to appeal but the money will have to be held in escrow.
and you know this how?
The EU doesn't even have the power to collect the money. Ireland will be the one calculating the amount. And you think the EU can force Apple to give them $1 billion? LOL.
I read it in the Irish Times which is a fairly credible source:
Sources who have been briefed on the matter say the
amount of tax Apple will owe will be in the billions, rather than the
hundreds of millions of euros that Dublin had hoped for.
However, the Government will appeal the commission’s
finding, and says the money will not be available to spend, either now
or in the future, Ministers have stressed. Depending on the terms of the
decision, Apple may be required to pay the funds into an escrow account
in the coming months.
Ireland will have to calculate the amount based on the methodology they are provided with. It is fairly probable someone would check their calculations. The EU Commission can't force Apple to pay up but Ireland can. If they chose not to, The Commision would fine Ireland an equivalent amount. Have Apple pay us a few billion or we have to pay them a few billion - hmmmmm, tough choice - not.
Apple: we have full documentation that we followed every single Irish tax law.
EU: But you still paid too little tax!!! You didn't pay your fair share!!!! Give us the $1 billion
Apple: But you still have not cited the law we broke
EU: Well, one of your Irish corporations paid a 0% rate
Apple: that was part of Irish law in 2007. Any company could have done the same.
EU: But, but, but, but, but............To little taxes! Pay your fair share!
Apple: Again what law did we break and we will pay the tax.
EU: Damn it!!! You broke no law but you broke the spirit of the law!
Keep taking the pills. You have an overactive imagination. I'm sure the ruling will spell out why the EU considers the deal Apple had with Ireland to be against EU rules but you keep on dreaming about nonsensical conversations.
This will go to appeal and be stuck for at least 3 years. Then the US government will pass a law to bring back the cash to the USA. There will be no cash in the EU for them to collect.
Eventually they will settle for about $200 million.
Or nothing at all. The US government is taking this issue seriously with the EU, and this could end up becoming a major Trans-Atlantic spat. Lots of US companies are involved, not just Apple. This is far, far bigger than just one company.
The US government will be risking a trade war if it takes any action/s other than verbal opinions. The TTIP trade deal is dead as they couldn't agree on a single issue out of the 27.
I think you are really Donald Trump. I don't think you appreciate what the common market is or why businesses love it or that a piddling few billion Apple might have to fork over is a trifle compared to the massive financial benefits they derive from such a large single market vs the alternative.
I wouldn't complain if I was equally as rich as he was.
As for the "common market", it wasn't important enough for the UK to still be a part of it.
This is not just about economics or taxes. The EU has control over countless other aspects of people's lives, and that's why it's evil.
That woman in Germany is no better than her predecessor that caused a bit of a disturbance in Europe last century.
Oh well all discussion should end. This thread has been Godwined
Screw those new jobs that Apple was planning in that country!
Apple should take its business elsewhere, there are plenty of other places to choose!
So where in the EU should they go? They still need an eu Base and would still have to pay the tax.
Good point! I suppose that they do need a EU base.
In that case, Apple should raise the price of all products offered in the EU zone, to compensate for the illegal tax rape and to offset any loss of profits and income, because of the mob shake down.
It is not rape or a shake down - Apple and Ireland have broken a well established and known law. They thought they could get away with it and did not.... Quite frankly I think that the normal 12.5 % corporate tax in Ireland is already low enough - that's what happens when you get greedy. How much would it have been in the US? They already got a great deal...
This will go to appeal and be stuck for at least 3 years. Then the US government will pass a law to bring back the cash to the USA. There will be no cash in the EU for them to collect.
Eventually they will settle for about $200 million.
Or nothing at all. The US government is taking this issue seriously with the EU, and this could end up becoming a major Trans-Atlantic spat. Lots of US companies are involved, not just Apple. This is far, far bigger than just one company.
The US government will be risking a trade war if it takes any action/s other than verbal opinions. The TTIP trade deal is dead as they couldn't agree on a single issue out of the 27.
So? You think this is the first time such jawboning has happened? C'mon...
Former US Representative, from New York List. #9, Anthony Weiner has decided to change his name to Oscar Meyer... It seems as though he has his own Weiner Waggin'
This will go to appeal and be stuck for at least 3 years. Then the US government will pass a law to bring back the cash to the USA. There will be no cash in the EU for them to collect.
Eventually they will settle for about $200 million.
Apple could "send" all its money back to the US but if they failed on all its appeals it would still have to pay the back tax.
EU won't waste their time. If there is no cash in the EU they have no leverage. Apple could play the waiting game for decades.
EU will settle with Apple for a much lower amount. Bottom line is EU has very little leverage against the USA, Apple, and Ireland.
Out of the four main figures (USA, EU, Apple, Ireland) the EU is the only one that is a parasite organization and may not even exist in 5 years.
Apple and Ireland can appeal. The appeal will probably take 2 years at least. If they lose they can appeal to a higher court. Another 2 years. Then finally to the European Court of Justice that would take 3 years.
Your lack of knowledge and your amount of wrong claims are so big that they are not even funny.
Really, stop talking from your ass and read a little about how it works. You won't show like a poor troll
The US government will be risking a trade war if it takes any action/s other than verbal opinions. The TTIP trade deal is dead as they couldn't agree on a single issue out of the 27.
Sometimes you have to do what's right, and if there's a trade war, then so be it.
Bullshit. Apple paid the taxes as legally required. The EU can't change the rules after the fact.
You have your facts wrong. The law is that a country cannot give preferential treatment to one organisation - a well known fact that Apple should have known if their tax lawyers are worth their money. What they did is to try to see how far they can push the envelope (as all organisations do in tax optimisation) - well looks like that they have been given notice that they are not above the law...
Former US Representative, from New York List. #9, Anthony Weiner has decided to change his name to Oscar Meyer... It seems as though he has his own Weiner Waggin'
Huma wont be having any of that weiner anymore, though rumor has it that she wasn't very fond of weiner to begin with.
Apple: we have full documentation that we followed every single Irish tax law.
EU: But you still paid too little tax!!! You didn't pay your fair share!!!! Give us the $1 billion
Apple: But you still have not cited the law we broke
EU: Well, one of your Irish corporations paid a 0% rate
Apple: that was part of Irish law in 2007. Any company could have done the same.
EU: But, but, but, but, but............To little taxes! Pay your fair share!
Apple: Again what law did we break and we will pay the tax.
EU: Damn it!!! You broke no law but you broke the spirit of the law!
Keep taking the pills. You have an overactive imagination. I'm sure the ruling will spell out why the EU considers the deal Apple had with Ireland to be against EU rules but you keep on dreaming about nonsensical conversations.
Then tell me what rule Apple broke. Tell me. Don't just say they broke a rule.
Tim Cook specificly said they BROKE NO RULES. Sorry I trust Tim Cook to say the truth than those liars at the EU.
So what specific rule did they break?
Not again!!!!
Apple didn't really break any rule, the Irish government did. This ruling by the EU will be aimed at the Irish government.
The specific rule is that a government is not allowed to give what amounts to state aid to a company preferentially over other companies so as to have the effect of giving that company an advantage other companies couldn't avail of.
In this instance, the state aid was in the form of a a tax break unavailable to other companies. To right the wrong, the Irish government will be told to collect the tax from Apple it should have in the first place to ensure they will have paid the same rate of tax that is levied on other companies.
This will go to appeal and be stuck for at least 3 years. Then the US government will pass a law to bring back the cash to the USA. There will be no cash in the EU for them to collect.
Eventually they will settle for about $200 million.
Or nothing at all. The US government is taking this issue seriously with the EU, and this could end up becoming a major Trans-Atlantic spat. Lots of US companies are involved, not just Apple. This is far, far bigger than just one company.
The US government will be risking a trade war if it takes any action/s other than verbal opinions. The TTIP trade deal is dead as they couldn't agree on a single issue out of the 27.
So? You think this is the first time such jawboning has happened? C'mon...
No, I don't think this is the first time. Do you think it's worth a trade war? Although part of me wonders if that might not actually shock the world out of the economic twilight zone it seems currently stuck in.
This will go to appeal and be stuck for at least 3 years. Then the US government will pass a law to bring back the cash to the USA. There will be no cash in the EU for them to collect.
Eventually they will settle for about $200 million.
Or nothing at all. The US government is taking this issue seriously with the EU, and this could end up becoming a major Trans-Atlantic spat. Lots of US companies are involved, not just Apple. This is far, far bigger than just one company.
The US government will be risking a trade war if it takes any action/s other than verbal opinions. The TTIP trade deal is dead as they couldn't agree on a single issue out of the 27.
This will go to appeal and be stuck for at least 3 years. Then the US government will pass a law to bring back the cash to the USA. There will be no cash in the EU for them to collect.
Eventually they will settle for about $200 million.
Or nothing at all. The US government is taking this issue seriously with the EU, and this could end up becoming a major Trans-Atlantic spat. Lots of US companies are involved, not just Apple. This is far, far bigger than just one company.
The US government will be risking a trade war if it takes any action/s other than verbal opinions. The TTIP trade deal is dead as they couldn't agree on a single issue out of the 27.
That won't end well for the EU, and they know it.
The USA knows it as well, which is why it won't happen.
Comments
As for the "common market", it wasn't important enough for the UK to still be a part of it.
This is not just about economics or taxes. The EU has control over countless other aspects of people's lives, and that's why it's evil.
That woman in Germany is no better than her predecessor that caused a bit of a disturbance in Europe last century.
Ireland will have to calculate the amount based on the methodology they are provided with. It is fairly probable someone would check their calculations. The EU Commission can't force Apple to pay up but Ireland can. If they chose not to, The Commision would fine Ireland an equivalent amount. Have Apple pay us a few billion or we have to pay them a few billion - hmmmmm, tough choice - not.
I'm sure the ruling will spell out why the EU considers the deal Apple had with Ireland to be against EU rules but you keep on dreaming about nonsensical conversations.
In other news:
Former US Representative, from New York List. #9, Anthony Weiner has decided to change his name to Oscar Meyer... It seems as though he has his own Weiner Waggin'
Why don't you elucidate for us?
We are prepared.
Apple didn't really break any rule, the Irish government did. This ruling by the EU will be aimed at the Irish government.
The specific rule is that a government is not allowed to give what amounts to state aid to a company preferentially over other companies so as to have the effect of giving that company an advantage other companies couldn't avail of.
In this instance, the state aid was in the form of a a tax break unavailable to other companies. To right the wrong, the Irish government will be told to collect the tax from Apple it should have in the first place to ensure they will have paid the same rate of tax that is levied on other companies.