henrikvendelbo

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

    henrikvendelbohenrikvendelbo
    asdasd said:

    There are no European rules on corporate tax, that's up to the national sovereign. The EU is using a law designed to stop illegal state aid (which means state aid which prefers certain companies rather than others within the same jurisdiction*) but has failed to prove any deal. In other words other companies can use this same mechanism. And some do. The EU is investigating them. This is a clearly an infringement on Irelands sovereignty and and exercise in big country bullying. 

    * except for big countries where you can in fact aid fiat, aerospace or the euro fighter etc. 
    Unfortunately the zero-sum mindset is widespread in Europe. EU politicians are behaving as if Europe is a victim on the global stage. Instead we should shape up and grow some balls. We are so afraid of loosing our share of the cake that we miss all the opportunities of our time. I'm sure that in 10 years I will be able to name several big opportunities that we missed as a continent. Lack of inspired leadership :/ 
    latifbp