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  • US Treasury takes last stab at deterring tax judgment against Apple & Ireland

    latifbp said:
    cnocbui said:
    gatorguy said:
    So a little over a $B due? Pocket change. Ireland may fight it anyway but not because Apple is at all harmed. 
    Latest reports are that it will be billions:

    The European Commission will in the morning find that Apple owes the Irish state “billions of euros” in back taxes when it rules that the technology giant’s tax arrangements in Ireland constituted a form of illegal state aid.

    The ruling, to be announced in Brussels on Tuesday morning, will not stipulate a figure for the amount of tax owed, but will lay out a process and a formula by which the unpaid tax should be calculated.

    It is expected that an indicative figure will be supplied by the Commission later in the day. 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.

    http://www.irishtimes.com/business/economy/eu-set-to-find-apple-owes-ireland-billions-in-back-taxes-1.2772178



    $1.1 billion. Fairly low with relation to what the welfare junkies were hoping for. Still welfare though.
    Not welfare but unpaid tax there is a difference.
    cnocbui
  • US Treasury takes last stab at deterring tax judgment against Apple & Ireland

    latifbp said:
    No they won't. You don't leave a market of 500 million customers where you make good profits unless you're a complete idiot.
    Apple would not leave, but you certainly won't attract up and coming companies. Square, for example, might pull the plug on its European expansion if you guys act like a bunch of weenies.
    Yes you will. No global company is going to go ... "nope won't get into Europe as I don't like the tax rules. I don't want to get into that lucrative market I have my faux principles.  Let my competitors get all that profit."
    cnocbui
  • US Treasury takes last stab at deterring tax judgment against Apple & Ireland

    latifbp said:
    cnocbui said:
    So as to nullify the unique advantage Apple had over other companies.  And if you think Ireland don't want that money, you are more clueless than I originally thought.
    So Irish politicians are lying in their public statements? And again.... AGAIN, I ask you to name one company that was affected in a way that disallowed it to compete with Appke. Which company flopped because Apple got this tax deal and they didn't? Where are the damages?
    It is irrelevant if there is no other company that was damaged/flopped by this deal under investigation. IF Apple had a deal that no other company had access to then it breaks the rules and the back tax has to be reclaimed. End of. Period. 

    cnocbui
  • US Treasury takes last stab at deterring tax judgment against Apple & Ireland

    sog35 said:
    cnocbui said:
    So as to nullify the unique advantage Apple had over other companies.  And if you think Ireland don't want that money, you are more clueless than I originally thought.
    Thats short sighted thinking bro. Just like EU.

    if Apple has to pay a huge tax bill you can bet thousands of US companies will leave the EU and Ireland, along with hundreds of thousands if not millions of jobs.
    No they won't. You don't leave a market of 500 million customers where you make good profits unless you're a complete idiot.
    cnocbui
  • Apple issues iOS 9.3.5 update, patching serious security issues discovered just 10 days ago

    sog35 said:
    lkrupp said:
    But we never hear of actual, confirmed and verified cases of users’ identity or personal data being compromised in the wild... on either platform. I suppose things could happen with out the user’s knowledge but these security flaws don’t seem to be used by typical criminals. Is it just governments and spy agencies that use this stuff?
    I've experienced it when I had an Android phone.

    My apps would no longer work because I could not update the software.

    Also on my Android tablet I actually lost in app purchases. I bought $5 worth of dots. The tablet crashed and my dots were gone.

    That's when I swore I would never own an Android tablet/phone ever again. POS.
    So you equate not being able to update apps with the security being compromised and data losses to nefarious people?
    gatorguycnocbuihtatc