anantksundaram
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Apple & Ireland head to court to battle $14.4B EU back tax on Sept. 17
You may be wrong there. Yes, Ireland will get the money, but EU will credit it to the subsidies that they would have owed Ireland (which is a net recipient of EU funds), i.e., EU gets the money (which is, after all, fungible).cropr said:larryjw said:Aside from legal fees, is the merely (though important) a case about legal interpretation of EU tax law, without real financial consequences for Apple, but real financial consequences for the EU.
As has been noted in the past, the $14.4B was placed in escrow pending the outcome of this case. The US treasury gets the taxes if EU case against Ireland was wrong, the EU gets the taxes if EU was correct. By treaty, companies don't get taxed twice on the same income.You do not understand the issue at stake.It is not about tax law and definitely not about the EU getting the tax money.It is about anti competitive behavior of Ireland. The court has to answer the question if Ireland has violated the competition rules in the EU by collecting only 0.05% tax money from Apple while all other companies in Ireland have to pay 12.5%. Basically the EU commission accuses Ireland that it has used anti-competitive means (a special tax regime) to attract Apple to put its European HQ in Ireland. If Ireland loses (and most probably it will), Ireland will be forced to collect the unpaid taxes from Apple. The money would go straight to the Irish budget.In any case the EU is not paid any money.
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Where the 2013 Mac Pro went right -- and wrong
I recall many here being unimpressed with this product soon after it was intro'ed, and the usual suspects then (predictably) berating them.
Looks like the unimpressed ones were right, after all.
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Review: Microsoft's Surface Book 2 is expensive with mediocre performance
I have at least half a dozen colleagues at work who say that the quality of the Surface is atrocious. They’ve had to send theirs in (or get a replacement device) multiple times.
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Read the fine print of Apple Card's customer agreement
No it is not: “May” is an open invitation to lawsuits. Goldman or otherwise is irrelevant.flydog said:
Seems like the question is answered in what you quoted.anantksundaram said:“A "Required Device" with a digital card is not strictly necessary after signing up, but Goldman warns that it may close accounts without one.”
Does that mean you don’t need an iPhone to get/use the card (as I was indeed assuming in my posts in the previous thread on the AC).
Either there is a required device or there is not. Otherwise they’ll get their butts kicked by the feds. -
France approves digital tax measures against Apple despite US pressure
Sales taxes are not imposed on, or paid by companies. Get with it...crowley said:
Sales tax is unheard of? Where are you from?anantksundaram said:
Taxing revenues is unheard of.avon b7 said:
Where would the problem be? It's a decision each sovereign state must weigh up. And in this case it isn't 'Apple', it's companies that go above a specific limit.roake said:
So imagine if every UN country charged Apple an additional 3% on gross revenue.pjs_socal said:I am surprised that it took EU countries this long to enact these kinds of taxes. It’s common knowledge that Apple (with help from Ireland) took advantage of loopholes in international tax laws to reduce their tax burden. Of course, Apple has done nothing illegal, but it’s completely within each country’s rights to change tax laws to close those loopholes.
