jpolster

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jpolster
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  • Apple investing 1 billion euro for silicon design center in Munich, Germany

    jpolsterjpolster
    It’s a bit like Silicon Valley used to be. Almost all major IT companies are big in Munich now, MS, Amazon, Google and Apple already having a big presence here. And the standard of living is great, though expensive. Close to the Alps and Italy, safe city, clean, pretty, good to raise kids, so what else do you want? OK and the beer is Great as well!
    watto_cobra

  • France shames Apple for not sacrificing user privacy for COVID-19 app

    jpolsterjpolster
    The reason that France and the UK want this special access is the fact that they want the date being stored centrally on their server rather than using the decentralised approach Apple and Google are promoting. It will allow them to use the data to monitor the spread of the virus better but it clearly gives up some privacy or at least poses that danger. So its just a matter of philosophy. What is more important?
    watto_cobra

  • Apple CEO Tim Cook calls EU tax ruling 'total political crap,' cites potential anti-US sentiment

    jpolsterjpolster
    Apple generates profits in the EU and those profits have to be taxed properly (corporate Tax) somewhere. Apple has a choice of taxing it in Europe if they leave the profits there, or move it back to the US and tax it there. Key is that they managed to make the profits "without nation" so to speak and pay nowhere. This is what we have to change globally and Apple just happened to be in the spotlight here because they are big and did it most blatantly.
    So this s not a trade war or anything, its simply the EU commission finally cracking down on exactly what the US government was trying to do for years as well
    big brother 84

  • Apple CEO Tim Cook calls EU tax ruling 'total political crap,' cites potential anti-US sentiment

    jpolsterjpolster
    srice said:
    dacloo said:
    Pay taxes like anyone else, Tim Cook, and shut up.
    Glad you're creating jobs, but so is anyone else and they have to pay double digit taxes, not less than 1%.

    What an arrogant attitude. 
    This is probably a good time to repeat myself:

    The EU has a VAT - value added tax system, where the taxes are allocated based on where the value to the product was added. 

    They do not have a sales tax based system.

    No value is added in the EU, they are just a consumer.  So the taxes should rightfully be applied upstream - either to the US, where the product was designed and developed, or in China where the product was built. (or Ireland where the R&D is performed *cough*). 
    actually sales tax is exactly the same as VAT, just a different name. Apple generates profits in the EU and those profits have to be taxed properly (corporate Tax) somewhere. Apple has a choice of taxing it in Europe if they leave the profits there, or move it back to the US and tax it there. Key is that they managed to make the profits "without nation" so to speak and pay nowhere. This is what have to change globally and Apple just happened to be in the spotlight here because they are big and did it most blatantly 
    big brother 84cnocbui

  • Apple CEO Tim Cook calls EU tax ruling 'total political crap,' cites potential anti-US sentiment

    jpolsterjpolster
    kamilton said:
    hucom2000 said:
    Apple will only start to pay "proper" taxes in the US, if these tax heavens are eliminated. That's what the European Union is after. It just happens to be Apple (a US company) and it happens to be on a massive scale. Remember the billions in fines the Swiss banks had to pay in the US for tax evasion? It's all about trying to keep countries from gaining unfair advantages over other countries. The same way Switzerland had built it's financial system on bank secrecy, Ireland built it's economy on luring international companies with insanely low tax rates. It's not really about Apple or the US, this is about Ireland playing by the rules. Just like Switzerland a few years ago, Ireland is now paying the price for it's actions. And the companies that went along with it get punished. So they should. They knew all along that 1) it's not right, and 2) at some point it would come to light. 
    I think you've hit the bottom line beautifully here.  It's not right and sooner or later, it was going to be rectified.  Tim's tone is wrong / reactive.  It's gonna hurt.  
    Ver much agree
    austriacusronn