21–30 of 80 posts
"Apple CEO Tim Cook previously called the decision "total political crap" " Fuck off asshole. Playing to the limits of tax law is fine, but acting outraged when it backfires on you is lame. You played, you lost, suck it up.
When the people complain about the European union taking too much autonomy, this seems like a pretty good example. It seems crazy to me that Ireland is "not allowed" to set taxes as low as it would like to attract foreign investment. Even states in the US can freely do that!
I don't like some EU taxation rules, e.g. the minimum 15% VAT, which effectively sets an upper bound on government efficiency, but this has nothing to do with that. Ireland is not being penalized for having taxes that are too low, but, in the words of the EC[1]: > Ireland granted undue tax benefits of up to > €13 billion to Apple. This is illegal under > EU state aid rules, because it allowed Apple > to pay substanti…
You have to hand it to the Irish. As a plan to collect more tax in the long term, offering (effectively) tax free status by not enforcing "Double Irish w/ Dutch Sandwich", to attract big players, letting them dig themselves into tax-debt holes for a few years while letting them feel they will get off scott-free, then enforcing it and securing a deal to get back-taxes paid, is pretty genius. Very stable genius to help…
It's not Ireland trying to make Apple pay back-taxes! The European Commission is forcing Ireland to charge Apple them.
You have to hand it to the Irish. As a plan to collect more tax in the long term, offering (effectively) tax free status by not enforcing "Double Irish w/ Dutch Sandwich", to attract big players, letting them dig themselves into tax-debt holes for a few years while letting them feel they will get off scott-free, then enforcing it and securing a deal to get back-taxes paid, is pretty genius. Very stable genius to help…
That's not at all what's happening here.
You have to hand it to the Irish. As a plan to collect more tax in the long term, offering (effectively) tax free status by not enforcing "Double Irish w/ Dutch Sandwich", to attract big players, letting them dig themselves into tax-debt holes for a few years while letting them feel they will get off scott-free, then enforcing it and securing a deal to get back-taxes paid, is pretty genius. Very stable genius to help…
This comment really demonstrates a lack of knowledge and understanding of the situation. Not to HN standards.
"Apple CEO Tim Cook previously called the decision "total political crap" " Fuck off asshole. Playing to the limits of tax law is fine, but acting outraged when it backfires on you is lame. You played, you lost, suck it up.
You have to hand it to the Irish. As a plan to collect more tax in the long term, offering (effectively) tax free status by not enforcing "Double Irish w/ Dutch Sandwich", to attract big players, letting them dig themselves into tax-debt holes for a few years while letting them feel they will get off scott-free, then enforcing it and securing a deal to get back-taxes paid, is pretty genius. Very stable genius to help…
Ireland is not "enforcing" anything; the European Commission are the party that ruled that Apple received unfair tax treatment. Both Apple and the Irish government are appealing that ruling. https://www.reuters.com/article/us-eu-apple-taxavoidance/ire...
"Apple CEO Tim Cook previously called the decision "total political crap" " Fuck off asshole. Playing to the limits of tax law is fine, but acting outraged when it backfires on you is lame. You played, you lost, suck it up.
He and Apple was following the law. If Europe was so angry about Ireland's tax laws they should have stopped it from taking effect in the beginning.
"Apple CEO Tim Cook previously called the decision "total political crap" " Fuck off asshole. Playing to the limits of tax law is fine, but acting outraged when it backfires on you is lame. You played, you lost, suck it up.
He and Apple was following the law. If Europe was so angry about Ireland's tax laws they should have stopped it from taking effect in the beginning.
Tim Cook knows all about “optics”
It’s rather ignorant and selfish for him to pretend laws shouldn’t change or should only favor him
It’s the social equivalent of building on a Google svc and having them shut down that service
QQ for Tim Cook but it’s well within the authority of the government in question
Poor billionaire snowflake
Maybe he can do like Thiel and invest in undermining public institutions cause you know a minority of uber rich should control everything don’t ya know
"Apple CEO Tim Cook previously called the decision "total political crap" " Fuck off asshole. Playing to the limits of tax law is fine, but acting outraged when it backfires on you is lame. You played, you lost, suck it up.