latifbp
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Apple FAQ responds to investor queries about $14.5B EU tax edict
singularity said:latifbp said:singularity said:latifbp said:austriacus said:To add some facts to the general slamming of the so called extortion racket. Don't get me wrong - I love Apple products but they have been skirting their responsibilities for a long time like many other multi nationals. I don't like taxes either (I live in France....) but at a certain point we have to say its enough when corporations pay next to nothing for Billions in profits. Have a look at what happend in Ireland: https://en.wikipedia.org/wiki/Double_Irish_arrangement -
With $231B in cash, Apple's $14.5B EU tax hit doesn't concern Wall Street
cnocbui said:If I go into a shop and buy an iPhone, I will pay 23% vat. Apple is asked to pay 12.5%, but they are the ones being 'robbed'. Amazing. -
With $231B in cash, Apple's $14.5B EU tax hit doesn't concern Wall Street
knowitall said:Apple can pay that amount, that's clear to anyone, but moral damage could be far worse.
If Apple isn't perceived as a morally right company but instead as a money machine only, people could boycot Apple and search for (much cheaper) alternatives.
Microsoft got hammered by the EU (also a multi billion case) and wasn't the better for it; once convicted always a criminal.
A good example is AH in holland (very big in the US also) they got into 'extorting' the suppliers because they had all the power.
At some point the public became aware of that and boycotted AH (by not buying); AH reversed its 'policy' almost immediately ... -
Turkey's deputy PM encourages Apple to move in wake of EU tax ruling
Grimzahn said:Violating the law and then moving would make me switch to Android. Going to watch veryt closely Mr Cooks stance and actions. -
Tim Cook responds to $14.5B EU tax bill with open letter, says decision will be reversed
Gillus said:I'm French and I'm getting pissed off by all the EU bureaucrats. This decision is just stupid. I suspect something else at stake here. Perhaps a "vengeance" for the Volkswagen scandal and heavy punishment by US ? Except that in Dieselgate, there was a fraud. But there is no fraud here.