singularity
About
- Username
- singularity
- Joined
- Visits
- 117
- Last Active
- Roles
- member
- Points
- 516
- Badges
- 1
- Posts
- 1,328
Reactions
-
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.
Just Apple figured out a way to take advantage of those rules that no one else figured out. -
EU will order Ireland to collect over $1B in back taxes from Apple - report
sog35 said:singularity 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.
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. -
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. -
Sources: iPhone 6 series 'touch disease' now accounting for about 11% of Apple Store repairs
-
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!