latifbp

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latifbp
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  • With $231B in cash, Apple's $14.5B EU tax hit doesn't concern Wall Street

    latifbplatifbp
    knowitall said:
    Apple can pay that amount, that's clear to anyone, but moral damage could be far worse.
    If Apple isn't perceived as a morally right company but instead as a money machine only, people could boycot Apple and search for (much cheaper) alternatives.
    Microsoft got hammered by the EU (also a multi billion case) and wasn't the better for it; once convicted always a criminal.

    A good example is AH in holland (very big in the US also) they got into 'extorting' the suppliers because they had all the power.
    At some point the public became aware of that and boycotted AH (by not buying); AH reversed its 'policy' almost immediately ...
    It's the EU who's looking like a greedy money grubbing welfare hog
    Capriguy

  • Tim Cook responds to $14.5B EU tax bill with open letter, says decision will be reversed

    latifbplatifbp

    crowley said:
    jungmark said:
    EU: changing the rules retroactively when we don't like the results. 
    False. The state aid articles have been EU legislation for decades.
    The EU has not been an entity for 'decades'. They were barely starting to roll out the Euro in 1999

  • EU tax investigation concludes, Apple hammered with $14.5 billion bill

    latifbplatifbp
    cropr said:
    sog35 said:
    cropr said:
    sog35 said:
    gatorguy said:
    sog35 said:
    gatorguy said:
    sog35 said:
    FACT:  Any other company headquartered in Ireland could have used the same tax strategy as Apple.

    If someone can dispute this then the EU has a case and Apple should pay the $14 billion.

    FACT: They could not. Being "stateless for tax purposes" also required a foreign corporate structure, in this case Apple executives here in the US, as "managers" among a few other things. Being "any company headquartered in Ireland" only entitles you to a 12.5% corporate tax rate on your Irish profits. Zero requires just a tad more than that. 
    So you agree any foreign corporation doing business in Ireland could take advantage of the same low tax rate as Apple?


    Reading for understanding is not one of your strengths apparently? Putting goalposts on wheels seems more to your liking tho. 
    Answer the question.

    Could any other foreign corporation in Ireland take advantage of the same low tax rate as Apple?
    Wrong question.  The word foreign is too much.  Without "foreign" the answer is no, so it is illegal state aid
    So you are saying any method beyond a flat 12.5% Irish tax across the board is state aid?

    LOL. You have no understanding of tax law. wow.

    Specific tax laws for foreign corporations is common in every single country in the civilized world.
    LOL Not having any clue about European law, you are pretty arrogant about it. 
    One of the fundamental rules about anti competitive law making in the EU, is there must not be any discrimination between local and foreign companies.  All must be treated equal by all member states.   For the sake of clarity, in Ireland French companies are as foreign as US companies.
    Europe's new Fascism. It's in style over there again I guess. We had to help you get rid of it before, so yes we do not understand Fascism. We thought you didn't either and didn't want it. Deal with it yourself this time. You're on your own.

  • Apple wins approval to begin first stage of Irish data center

    latifbplatifbp
    cnocbui said:
    latifbp said:
    Passive-aggressive Euro-freaks... Just Dislike my comment with zero counter argument 
    Did a nasty Euro-nanny take your rattle away this morning?
    One of those Euro-ho wet nannies I hired ripped her teet from my mouth. But that's beside the point. Do you have anything substantive to add?