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Irish media spinning this as a win for the irish people, while there are ongoing talks of increasing income tax on normal people to help cover the cost of this pandemic. Disgraceful.
This is a disgraceful verdict for the Irish people. We laid ourselves bare as a tax haven for MegaCorps, and now we're not even seeing the benefits.
"The Commission's investigation concluded that Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years. In fact, this selective treatment allowed Apple to pay an effective corporate tax rate of 1 percent on its European profits in 2003 down to 0.005 percent in 2014." [1]
[1] https://en.wikipedia.org/wiki/EU_illegal_State_aid_case_agai...
This is a disgraceful verdict for the Irish people. We laid ourselves bare as a tax haven for MegaCorps, and now we're not even seeing the benefits.
> We laid ourselves bare as a tax haven This sort of silly emotionalism gets the conversation nowhere. If you can't write good rules to make companies give you money for efforts mostly done in other countries, what do you expect?
You make it sound like writing such rules is easy. I don't know of any countries thst have succeeded in doing so.
This is a disgraceful verdict for the Irish people. We laid ourselves bare as a tax haven for MegaCorps, and now we're not even seeing the benefits.
No the European Court found for the Irish Government and dismissed pretty much out of hand the allegations that it had shown favouritism to Apple. Most of that €13billion would have gone to other countries anyway.
This isn't over, they'll go to the European Court of Justice for sure.
> “This case was not about how much tax we pay, but where we are required to pay it," Apple said in a statement. "We're proud to be the largest taxpayer in the world as we know the important role tax payments play in society." That’s a really beautiful example of spinning the story of what’s going on.
"The EU's General Court said it had annulled that decision because the Commission had not proved that Apple had broken competition rules."
> “This case was not about how much tax we pay, but where we are required to pay it," Apple said in a statement. "We're proud to be the largest taxpayer in the world as we know the important role tax payments play in society." That’s a really beautiful example of spinning the story of what’s going on.