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It's Great In The Eu Isn't It?
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Nice bit of EU meddling!
Nice bit of EU meddling!
Answers
Whilst Apple have $230billion in the bank and can afford to pay, this is indeed EU meddling. Ireland have made a deal with Apple to get them to set up in Ireland rather than France or Germany. The is not a sham EU address of convenience, they have warehouses and offices and employ lots of Irish citizens. Apple has paid ALL the taxes that Ireland requires of it. So...
11:21 Tue 30th Aug 2016
Whilst Apple have $230billion in the bank and can afford to pay, this is indeed EU meddling.
Ireland have made a deal with Apple to get them to set up in Ireland rather than France or Germany. The is not a sham EU address of convenience, they have warehouses and offices and employ lots of Irish citizens. Apple has paid ALL the taxes that Ireland requires of it.
So the EU are making Apple pay for a tax bill that doesn't exist. Ireland have not issue it, and does not request any more payment.
Apple are appealing the decision.
Ireland have made a deal with Apple to get them to set up in Ireland rather than France or Germany. The is not a sham EU address of convenience, they have warehouses and offices and employ lots of Irish citizens. Apple has paid ALL the taxes that Ireland requires of it.
So the EU are making Apple pay for a tax bill that doesn't exist. Ireland have not issue it, and does not request any more payment.
Apple are appealing the decision.
"Ireland have made a deal with Apple to get them to set up in Ireland rather than France or Germany" - that is exactly why the EU is the tyranny it is, it takes away the freedom of nations to do this kind of deal to attract companies like Apple. The EU cannot look beyond it's socialist base principles, it must ultimately collapse as other countries do this sort of thing.
// it takes away the freedom of nations to do this kind of deal to attract companies like Apple. //
righto ! gives govts to excuse multinationals the need to pay E 13bn whilst taxing the arrisses off the rest of us yeah good one roll on Brexit !
another Brexit victory - multinationals can dodge tax whilst we cant
righto ! gives govts to excuse multinationals the need to pay E 13bn whilst taxing the arrisses off the rest of us yeah good one roll on Brexit !
another Brexit victory - multinationals can dodge tax whilst we cant
Peter Pedant
Governments have always offered 'inducements' to attract outside investors. It is why Nissan are at Tyneside. These are usually in the form of grants and reduced rates. Many companies that have set up in the UK have done so because of these special deals.
In the case of Nissan, they brought 7000 permanent jobs to the area. That far outweighs the treasury losing some income from Nissan.
Likewise in Ireland, 4000 permanent jobs at Cork, is very good for the Irish economy, and the deal is very good the country as an whole.
I wonder why the EU has not not requested all those multi-nationals based in Luxembourg to pay back taxes? How is this tiny country, the home of the European Parliamentt, any different from rural Ireland/
Governments have always offered 'inducements' to attract outside investors. It is why Nissan are at Tyneside. These are usually in the form of grants and reduced rates. Many companies that have set up in the UK have done so because of these special deals.
In the case of Nissan, they brought 7000 permanent jobs to the area. That far outweighs the treasury losing some income from Nissan.
Likewise in Ireland, 4000 permanent jobs at Cork, is very good for the Irish economy, and the deal is very good the country as an whole.
I wonder why the EU has not not requested all those multi-nationals based in Luxembourg to pay back taxes? How is this tiny country, the home of the European Parliamentt, any different from rural Ireland/
Good article on this here:
http://
It gets particularly good, dismantling the EU's position, after the paragraph "Putting to one side the appropriateness of using competition law enforcement to achieve political ends, the Commission is in uncharted legal waters using a novel and untested interpretation of EU state aid law."
http://
It gets particularly good, dismantling the EU's position, after the paragraph "Putting to one side the appropriateness of using competition law enforcement to achieve political ends, the Commission is in uncharted legal waters using a novel and untested interpretation of EU state aid law."
The killer paragraphs
// The European Commission has launched an effort to rewrite Apple’s history in Europe, ignore Ireland’s tax laws and upend the international tax system in the process. The opinion issued on August 30th alleges that Ireland gave Apple a special deal on our taxes. This claim has no basis in fact or in law. We never asked for, nor did we receive, any special deals. We now find ourselves in the unusual position of being ordered to retroactively pay additional taxes to a government that says we don't owe them any more than we've already paid.
The Commission’s move is unprecedented and it has serious, wide-reaching implications. It is effectively proposing to replace Irish tax laws with a view of what the Commission thinks the law should have been. This would strike a devastating blow to the sovereignty of EU member states over their own tax matters, and to the principle of certainty of law in Europe. Ireland has said they plan to appeal the Commission’s ruling and Apple will do the same. We are confident that the Commission’s order will be reversed. //
// The European Commission has launched an effort to rewrite Apple’s history in Europe, ignore Ireland’s tax laws and upend the international tax system in the process. The opinion issued on August 30th alleges that Ireland gave Apple a special deal on our taxes. This claim has no basis in fact or in law. We never asked for, nor did we receive, any special deals. We now find ourselves in the unusual position of being ordered to retroactively pay additional taxes to a government that says we don't owe them any more than we've already paid.
The Commission’s move is unprecedented and it has serious, wide-reaching implications. It is effectively proposing to replace Irish tax laws with a view of what the Commission thinks the law should have been. This would strike a devastating blow to the sovereignty of EU member states over their own tax matters, and to the principle of certainty of law in Europe. Ireland has said they plan to appeal the Commission’s ruling and Apple will do the same. We are confident that the Commission’s order will be reversed. //
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