Apple finally pays a ton of tax
wired.com
Apple finally pays a ton of tax
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Re: Apple finally pays a ton of tax
#2[deleted]
Re: Apple finally pays a ton of tax
#3what about the their EU taxes?
Re: Apple finally pays a ton of tax
#4what about the their EU taxes?
Apple is now putting that money (US$16B) into escrow while they and the Ireland govt await their appeals to the EU committee ruling.
Re: Apple finally pays a ton of tax
#5what about the their EU taxes?
Apple is now putting that money (US$16B) into escrow while they and the Ireland govt await their appeals to the EU committee ruling.
This tax holiday came at exactly the right time for Apple. At least the EU can't use the argument anymore that they're not paying tax anywhere.
Apple's argument that they merely defer, not avoid, tax will have a lot more merit now in court.
I'm relatively certain the EU won't win this one, but we'll see.
Re: Apple finally pays a ton of tax
#6Earlier quoted context omitted.
Apple is now putting that money (US$16B) into escrow while they and the Ireland govt await their appeals to the EU committee ruling.
This tax holiday came at exactly the right time for Apple. At least the EU can't use the argument anymore that they're not paying tax anywhere. Apple's argument that they merely defer, not avoid, tax will have a lot more merit now in court. I'm relatively certain the EU won't win this one, but we'll see.
I think the EU committee "wins" either way, because reportedly Ireland was sufficiently pressured by this bad publicity to change its tax law. Legal or not, the public perception is negative.
Re: Apple finally pays a ton of tax
#7Earlier quoted context omitted.
This tax holiday came at exactly the right time for Apple. At least the EU can't use the argument anymore that they're not paying tax anywhere. Apple's argument that they merely defer, not avoid, tax will have a lot more merit now in court. I'm relatively certain the EU won't win this one, but we'll see.
I think the EU committee "wins" either way, because reportedly Ireland was sufficiently pressured by this bad publicity to change its tax law. Legal or not, the public perception is negative.
You mean in other member states? I can’t imagine public perception to be negative in Ireland, given it brings in a ton of jobs and some tax revenue.
This overall is a ridiculous situation. EU member states can’t have it both ways. On the one hand they want to crack down on excessive avoidance, on the other hand they want to create interesting tax regimes and interesting tax breaks.. well, that’s what happens.
They need to somehow consolidate the tax base, but that will be bad for small member states. It will probably never really happen.
Re: Apple finally pays a ton of tax
#8Misleading headline. Apple already pays more US taxes than any other business.