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Irish cabinet votes to appeal EU's $14.5B tax penalty on Apple
adrayven said:gwydion said:The Commission declared that tax rates on European profits were illegally low at 0.005 percent in 2014, and 1 percent in 2013
No, this is not what the EC declared, what the EC declared illegal is the deal between the Irish Government and Apple for the way the amount of taxable profits in Ireland were calculated for Apple Sales International.
The rate applied was 12.5%, The problem has never been with the tax rates in Ireland, or the tax rates in Belgium in the latest analog ruling
It's believed this move by the EU is a first political move to attempt to force it's will of equalized rates across all countries that are part of the EU.. I have a feeling that, while people are poo poo'ing Apple, that soon other countries will soon (Netherlands for example) be in the EU's sights and things will heat up even more. -
Samsung announces Gear S3 iOS-compatible smartwatches, one with LTE
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Apple FAQ responds to investor queries about $14.5B EU tax edict
thewhitefalcon said:jume said:We are lucky for strong middle class and all the working-benefits in EU and most of that we have to thank to EU and I would like to keep that... So yes Apple you need to pay what you owe and please keep doing great products. -
Apple FAQ responds to investor queries about $14.5B EU tax edict
blitz1 said:thewhitefalcon said:The EU is an extortion racket. They've done their job screwing over the smaller countries in Europe (ask Spain and Portugal how the Euro worked out for them) and now they continue to extort money from US companies.
What an absolute disgrace.
Check out how Spain, Portugal, Ireland, the Central european countries fared before entering the EU and look at their situation now.
You're in complete denial or a fool if you think they were better off without the EU
No own currency, so much less tourist (main income) because no currency advantage. And in the end Germany (our schreckliches Merkel) has bought a lot of the last assets of Greece (airports / ports) for a very low price. -
T-Mobile tweaks unlimited One plan in response to complaints, adds One Plus tier
TurboPGT said:If Apple were a carrier, there would be 1 plan..Unlimited Everything, for $99/mon per device.Not exactly cheap, but very clear.