Euro Commission may levy on Apple €13 billion tax retroactively
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- AnonD-581168
- 0T1
- 06 Sep 2016
Anonymous, 31 Aug 2016And/but Apple "hate" you because Apple do not want to pay t... moreapple is being generous setting up business in Ireland, they employee nearly 6000 people, who pay tax. If apple leave theres 6000 people unemployed, and 6000 people the irish goverment isnt getting taxes off.
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- AnonD-581168
- 0T1
- 06 Sep 2016
AnonD-578812, 31 Aug 2016The EU Commission did not tackle this from the point of vie... moreThe bigger economies in the EU are just pissed off because Ireland refuses to raise its corporation tax to a higher rate like Germany and France, if we did we wouldnt have all these big multinational companies setting up in Ireland. These companies are not just essential to help the government with taxes but they also employ large amounts of people. between Apple and Google, they employee around 10000 people, who are tax paying citizens.
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- AnonD-581168
- 0T1
- 06 Sep 2016
yym, 31 Aug 2016Apple should pay the fine, they cheated, they were caught, ... moreApple did nothing legal, they just found the right loopholes in tax systems for them to make more money. There is no chance Apple will have to pay that money as everything is legal, you cant blame Apple for being clever enough to find loopholes in tax systems. you need to start blaming the people who made it possible for this to happen. Thats politicians for you.
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- AnonD-581168
- 0T1
- 06 Sep 2016
S7 Edge yay, 31 Aug 201699.9999% correct Not a fine the vast majority is TAX that ... moretax avoidance, apple did nothing illegal they just played it smart with the legal tax system. If Ireland tries to make Apple pay the 13 Billion our economy will see none of that money because that money should be going to the countries that it really belongs to. If Ireland does take that money, not only will we have to give it all away, but more than likely we will lose Apples business in Ireland which has created over 5000 jobs and led to more businesses being attracted to Ireland
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- AnonD-152638
- mhA
- 04 Sep 2016
I dont get why the Finance-minister would defend Apple. Unless he is deeply involved.
There is no real benefit of having Apple in ones country, if they don't pay taxes.
The tax planning isn't news. I known about this for years. Or not that they now only pay a fraction of 1%, I thought it was still about 1%.
I don't know the exact coporotate structure here.
"In Apple’s case, nearly all of our research and development takes place in California, so the vast majority of our profits are taxed in the United States."
Apple, yes, but how about Apple International Sales?
Where are they taxed?
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- horses
- jVA
- 31 Aug 2016
Soliloqoy, 31 Aug 2016I read about this on other sites, and i must say i'm glad t... moreI'm glad to see there are moderate people in the comment section.
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- AnonD-7834
- N7D
- 31 Aug 2016
Oh, yeah, we need more news like this. I really really miss those days when we could hardly go for a day without some piece of news about who sued who and who paid/got paid what
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- S7 Edge yay
- Ia9
- 31 Aug 2016
AnonD-578812, 31 Aug 2016The EU Commission did not tackle this from the point of vie... more99.9999% correct
Not a fine the vast majority is TAX that Apple did NOT pay
Instead of paying 125,000 euro on the 1,000,000 NET profit it paid 50 euros is a serious underpayment
To LEGITIMATELY pay 50 euros the net profit declared would be 400 Euros so less than an iPhone
Again had they paid 125,000 per 1 Million euros that would be legal
APPLE did NOT misrepresent the extent or underreport the net profit as that would be tax fraud
So BOTH Apple knew and Ireland tax official knew Apple were seriously (or frivously) underpaying
It a bit like TWO fast and furious racers been caught in a speed trap and the COP lets Apple off for being famous. so competition Apple were ONLY paying tax 1 euro when they need to pay 2500 Euros
So here is the thing Apple has a cash reserve of near $1/3 trillion aka $333 billion
$330,000,000,000
So I glanced twitter and 13Bn Euros could purchase top 8 soccer clubs in the Championship league
As Apple has not move the cash to the USA it has NOT paid top the US approx 33Bn Euros that be ONLY become liable when it does
So I agree I find the Irsish tax ministers position as unexplainable given that Ireland has undergone austerity measures
I do like your take on this and wonder if the minister will keep his job after, as I am suer that despite the lobbyist rhetoric from the USA, that is commited in the USA wheher or not that would result in criminal charges
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- yym
- 3RQ
- 31 Aug 2016
Apple should pay the fine, they cheated, they were caught, now pay.
It is not like they are the first, other companies paid for illegalities in the same way, apple has to pay more because they stole more, i think this is only fair.
You buy apple products because you love them, in return apple screws you over, buy not paying taxes, taxes that found education and healthcare among other things.
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- AnonD-578812
- pag
- 31 Aug 2016
The EU Commission did not tackle this from the point of view of Southern Ireland's right to set its own Corporate Tax legislation. It was the Anti Competition arm of the EU Commission that carried out the investigation and imposed the subsequent fine. Had the Irish government applied the same 0.005% tax rate to ALL companies operating in Southern Ireland then there would have been no case to answer against Apple and the Irish government. It is clear that Apple had been provided with a competitive advantage by the government in order to persuade Apple to set up business in Southern Ireland. Therefore, in my view they are both guilty as hell as charged, the Irish government probably more so than Apple.
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- Anonymous
- Tr3
- 31 Aug 2016
Tom-Helge, 31 Aug 2016You are wrong. Samsung doesn't compete with Apple anylonger... moreExcept that the moment Apple does something new on Sep 7th, Samsung will blatantly copy it again.
Utterly shameless, they even tried to copy 'Pele'. Hilarious!
http://money.cnn.com/2016/03/30/news/pele-samsung-advertising-lawsuit/index.html
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- Anonymous
- 0mn
- 31 Aug 2016
Anonymous, 31 Aug 2016The Irish government set up this tax structure. Besides, n... moreYes, but the laws changed and they should had find a new trick ten years ago but they didn't.
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- Anonymous
- 0mn
- 31 Aug 2016
Anonymous, 31 Aug 2016Except, this is nothing like the Volkswagen scandal. Volks... more The big cost you are mentioning is mostly competition(as in apple case) not environment.
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- Anonymous
- IbG
- 31 Aug 2016
Anonymous, 31 Aug 2016And/but Apple "hate" you because Apple do not want to pay t... moreThe Irish government set up this tax structure. Besides, no business wa to to pay taxes. That's why these large corporations have tax lawyers. You're delusional if you think otherwise.
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- Lawyer
- prk
- 31 Aug 2016
Apple should apply for a patent that they have invented tax system and therefore EU owns them money for unlawfully using their invention.
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- Anonymous
- 4$v
- 31 Aug 2016
Anonymous, 31 Aug 2016USA make European VolksWagen pay billions, but USA get angr... moreExcept, this is nothing like the Volkswagen scandal. Volkswagen actively lied to customers and regulators in every country. The Volkswagen scandal is closer to the Samsung benchmarking cheating fiasco. Except, benchmarking does not have environmental effecst or real world cost like fuel efficiency does.
Kinda puts into perspective how much of a toy phones are compared to vehicles.
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- Anonymous
- J5M
- 31 Aug 2016
USA make European VolksWagen pay billions, but USA get angry when Apple bribe Irish politicians to be able to not pay taxes. Apple come to Ireland if they do not have to pay any taxes = classic corruption!
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- Anonymous
- J5M
- 31 Aug 2016
wolfiie, 31 Aug 2016i love appleAnd/but Apple "hate" you because Apple do not want to pay taxes to finance healthcare and education and... for you... and your... family...!
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- wolfiie
- Xs2
- 31 Aug 2016
i love apple
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- Brakes
- rAW
- 31 Aug 2016
Feeling uncomfortable holding my iPhone today... As if m also a part of this cheating process.. No Apple this is unfair, I dnt want to b associated in any way ( evn as a customer) with a thief cheater company.. Make profit but this much cheating is shameful