singularity

About

Username
singularity
Joined
Visits
117
Last Active
Roles
member
Points
516
Badges
1
Posts
1,328
  • EU will order Ireland to collect over $1B in back taxes from Apple - report

    sog35 said:
    cnocbui said:
    jungmark said:
    Bullshit. Apple paid the taxes as legally required. The EU can't change the rules after the fact. 
    The EU is not changing any rules, this is all about enforcing rules that were broken.

    No rules were broken. 
    Just Apple figured out a way to take advantage of those rules that no one else figured out.
    According to the story in the OP it looks like the EU says not.
    gwydionronn
  • EU will order Ireland to collect over $1B in back taxes from Apple - report

    sog35 said:
    sog35 said:
    Apple will not pay anything close to $1 billion.

    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. 
    I wonder why Microsoft didn't use your wonderful plan when they got fined? All those well paid solicitors and all they had to do was consult with you!
    ronn
  • EU will order Ireland to collect over $1B in back taxes from Apple - report

    sog35 said:
    Apple will not pay anything close to $1 billion.

    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.
    ronn
  • Sources: iPhone 6 series 'touch disease' now accounting for about 11% of Apple Store repairs

    Lol Sog bemoaning made up stats to then make up a stat in the next sentence. 
    cnocbui
  • EU will order Ireland to collect over $1B in back taxes from Apple - report

    apple ][ said:
    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.
    stanthemanaustriacusbaconstangronn[Deleted User]