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Apple

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By *hyllyphylly OP   Man
over a year ago

Bradford

So the EU said that what Ireland did with Apple was illegal and said that Apple needs to pay 13 billion Euro to the Irish government in back dated payments.

Should Ireland enforce they EU's decision or should they stand by their agreement?

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By *hyllyphylly OP   Man
over a year ago

Bradford

Source http://www.bbc.co.uk/news/business-37220799

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By (user no longer on site)
over a year ago

It seems a bit strange that Ireland wouldn't want to collect tax from an Irish based company.... Especially 14 billon euros which considering Ireland's 2 billon deficit could go along way!.

I think I tend to agree with the r EU to be honest, if your doing special tax arrangements for specific companies then it reality it's a subsidy

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By (user no longer on site)
over a year ago

Allowing Apple these tax breaks effectively gave them unfair competition against their competitors so they should have to pay.

Beware Starbucks

Amazon

Uber

And many others.

Osborne is guilty off helping all the above and they should be next to face such penalties.

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By *iamondjoeMan
over a year ago

Glastonbury

It's a good thing the UK Treasury wouldn't stoop to such practices

http://www.independent.co.uk/news/business/news/vodafones-84bn-tax-avoidance-bonanza-nothing-for-taxpayers-in-verizon-deal-while-bankers-share-500m-8794169.html

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By *odareyouMan
over a year ago

not far from iceland,,,,,, tescos is nearer though :-) (near leeds)


"So the EU said that what Ireland did with Apple was illegal and said that Apple needs to pay 13 billion Euro to the Irish government in back dated payments.

Should Ireland enforce they EU's decision or should they stand by their agreement?"

At the time the agreement was signed Ireland's economy was on its knees .. Apple provided many jobs .. I guess the government thought it better to forgo some tax from the company to keep the folk in jobs and receive some tax through their contributions and spending to help keep others in work.

If the agreement was illegal they'll be made to collect by the courts.. or I guess Ireland will be fined .. likely the same as the Apple fine.

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By *andom2chatMan
over a year ago

A Galaxy Far, Far Away & Spain


"If the agreement was illegal they'll be made to collect by the courts.. or I guess Ireland will be fined .. likely the same as the Apple fine."

This would be my guess. Either the EU will fine Ireland or withhold funding for other things to the same equivalent.

However I'm sure the UK & other EU governments are not as squeaky clean on funding corporations they want based in their countries.

Ironically if TTIP were to be agreed by the EU & US then corporations would be suing governments left, right & centre should they create laws which are deemed would business negatively from making a buck.

(Wanders off shaking head at any Government not wanting to collect the appropriate taxes for the benefit of its people).

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By (user no longer on site)
over a year ago


"So the EU said that what Ireland did with Apple was illegal and said that Apple needs to pay 13 billion Euro to the Irish government in back dated payments.

Should Ireland enforce they EU's decision or should they stand by their agreement?"

Now were not gonna be in the EU what tax breaks do you think our government are gonna be giving these companies??? I have to pay my tax

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By *heBirminghamWeekendMan
over a year ago

here

eu/ec retrospectively changing the rules to suit their own needs and then telling the country what they have to do!!!

Hilarious !!

Great news for the uk. despite Tim Cook saying the data centre investment planned in Ireland still going ahead, the eu have ultimately shot themselves in the foot!

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By (user no longer on site)
over a year ago


"

Ironically if TTIP were to be agreed by the EU & US then corporations would be suing governments left, right & centre should they create laws which are deemed would business negatively from making a buck. "

Corporations can already sue qovernments and they do. The only difference TTIP would make is that the company would be entitled to compensation if it had made investments on the basis of policies that were reversed. Not exactly unreasonable.

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By (user no longer on site)
over a year ago

I think an effective 0.0005% CT tax is taking the piss a bit... If we're saying the largest corporation the world can no longer afford to pay tax... .

This bollocks about providing jobs is just that, in a capitalist system the whole point is that another company will fill that opening but obviously that could never happen while the largest company is given huge subsidies!

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By (user no longer on site)
over a year ago


"I think an effective 0.0005% CT tax is taking the piss a bit... If we're saying the largest corporation the world can no longer afford to pay tax... .

This bollocks about providing jobs is just that, in a capitalist system the whole point is that another company will fill that opening but obviously that could never happen while the largest company is given huge subsidies!"

Good point, well made.

Thats why I never understood the point of bailing out the banks. It's not like all the banks were in trouble. It would have taken a few months for the healthy ones to mop up the customers of the dead ones and business could have resumed as normal.

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By (user no longer on site)
over a year ago


"I think an effective 0.0005% CT tax is taking the piss a bit... If we're saying the largest corporation the world can no longer afford to pay tax... .

This bollocks about providing jobs is just that, in a capitalist system the whole point is that another company will fill that opening but obviously that could never happen while the largest company is given huge subsidies!

Good point, well made.

Thats why I never understood the point of bailing out the banks. It's not like all the banks were in trouble. It would have taken a few months for the healthy ones to mop up the customers of the dead ones and business could have resumed as normal. "
. Most of it was fear from wimpy politicans worried about being elected.... Oh that and great big bribes

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By (user no longer on site)
over a year ago


"I think an effective 0.0005% CT tax is taking the piss a bit... If we're saying the largest corporation the world can no longer afford to pay tax... .

This bollocks about providing jobs is just that, in a capitalist system the whole point is that another company will fill that opening but obviously that could never happen while the largest company is given huge subsidies!

Good point, well made.

Thats why I never understood the point of bailing out the banks. It's not like all the banks were in trouble. It would have taken a few months for the healthy ones to mop up the customers of the dead ones and business could have resumed as normal. . Most of it was fear from wimpy politicans worried about being elected.... Oh that and great big bribes "

The latter i think. Other than employees and a few morons who didn't realise that their savings weren't insured above £80k and were correspondingly too stupid to divide them between multiple bank accounts, I don't know who would have given a fuck if RBS had burnt like it deserved to

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By *ophieslutTV/TS
over a year ago

Central

I'm against multinationals avoiding tax and responsibilities that they should have to support local communities. The UK has gone to the pan whilst such companies have skilfully and wilfully evaded payback.

There should be a huge fine too.

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