Apple must pay 13B euros in back taxes, EU's top court rules
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Re: Apple must pay 13B euros in back taxes, EU's top court rules
#2Seems wrong that Ireland cheated the system to attract tech companies then also gets a huge payout.
Re: Apple must pay 13B euros in back taxes, EU's top court rules
#3It seems that Ireland giving aid specific to Apple and not others is the crux of the issue? Not sure how that’s illegal.
Re: Apple must pay 13B euros in back taxes, EU's top court rules
#4Good.
Not because I particularly dilike Apple or big US tech firms (I have a whole bunch of Apple stuff right here), but because Ireland has been able to undermine the tax regime of the whole EU, by giving these sweetheart tax deals to big firms, who can then run their entire EU business from there.
This gives an unfair tax advantage to the multinationals over homegrown EU companies, skewing the market.
Is it Apple's 'fault'? That's not really the interesting question here, IMHO.
Re: Apple must pay 13B euros in back taxes, EU's top court rules
#5Why is it Apple that has to pay for what Ireland did wrong? Genuinely curious here, it's not like Ireland is some random dude on the internet selling stolen goods and Apple should've known better.
Re: Apple must pay 13B euros in back taxes, EU's top court rules
#6Some important context that are in every European media, but apparently not the American ones [1].
Apple said in 2017 that it had an effective tax rate of 21 percent on foreign earnings. The Commission said its effective tax rate on European profits was 1 percent in 2003 and 0.005 percent in 2014.
[Edit] To be fair to CNBC they did cover the tax structure Apple set up some years ago [2].
[1] https://www.politico.eu/article/commission-scores-surprise-w...
[2] https://www.cnbc.com/2016/08/30/how-apples-irish-subsidiarie...
Re: Apple must pay 13B euros in back taxes, EU's top court rules
#7It seems that Ireland giving aid specific to Apple and not others is the crux of the issue? Not sure how that’s illegal.
I guess there are some rules setup in Europe so countries do not try to "cheat" the system (getting benefits from membership in the EU, avoiding regulation). It's sort of people want to avoid taxes but demand perfectly maintained roads, etc.
Re: Apple must pay 13B euros in back taxes, EU's top court rules
#8Good. Not because I particularly dilike Apple or big US tech firms (I have a whole bunch of Apple stuff right here), but because Ireland has been able to undermine the tax regime of the whole EU, by giving these sweetheart tax deals to big firms, who can then run their entire EU business from there. This gives an unfair tax advantage to the multinationals over homegrown EU companies, skewing the market. Is it Apple's…
Yeah, agreed, Apple is simply doing what any corporation does, trying to do business as profitably as possible. The only tar bucket you should be having handy is for Ireland for trying to screw over the whole rest of EU.
Re: Apple must pay 13B euros in back taxes, EU's top court rules
#9Good. Not because I particularly dilike Apple or big US tech firms (I have a whole bunch of Apple stuff right here), but because Ireland has been able to undermine the tax regime of the whole EU, by giving these sweetheart tax deals to big firms, who can then run their entire EU business from there. This gives an unfair tax advantage to the multinationals over homegrown EU companies, skewing the market. Is it Apple's…
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Re: Apple must pay 13B euros in back taxes, EU's top court rules
#10[flagged]