Apple owe 13bn in back taxes to Ireland according to the EU
 

But The Irish Government don't want it, hard to blame them I guess as they have an agreement with Apple as they employ 5000 people in Cork with an I Tunes base planned to move there in the future



Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled.
After a three-year investigation, it has concluded that the US firm's Irish tax benefits are illegal.
The Commission said Ireland enabled the company to pay substantially less than other businesses, in effect paying a corporate tax rate of no more than 1%.
Ireland and Apple both said they disagreed with the record penalty and would appeal against it.
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"Member states cannot give tax benefits to selected companies - this is illegal under EU state aid rules," said Commissioner Margrethe Vestager.
"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," she added.
The standard rate of Irish corporate tax is 12.5%. The Commissions's investigation concluded that Apple had effectively paid 1% tax on its European profits in 2003 and about 0.005% in 2014.
Ms Vestager said that the tax agreement reached between Ireland and Apple meant that the company's taxable profits "did not correspond to economic reality".
'Profound and harmful effect'
Apple said the decision would be harmful for jobs.
"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 company said in a statement.
"The Commission's case is not about how much Apple pays in taxes, it's about which government collects the money. It will have a profound and harmful effect on investment and job creation in Europe.
"Apple follows the law and pays all of the taxes we owe wherever we operate. We will appeal and we are confident the decision will be overturned."

Not Apple owing Our Niamh money :fist:

Not good for us at all

Germany would like Apple relocated there no doubt :idc:

hhhmmm

As a member state or not the government should have control over how it collects taxes, there isn't a set rate of tax across the EU

Absolutely

I might be over simplifying this but it took the EU 3 years to come to this conclusion :hehe: A few quick phone calls and a calculator should have done the job :unsure:

Yes both Ireland
and Apple Corp are to appeal.

http://e3.365dm.com/16/08/536x302/a9...20160830102659

EU is Fecking Corrupt

They could have rang me and I would have let them know :laugh:

We will have to pass on your details to Jean Claude so he can save a few euros in the future :laugh:

yes, but the EU is based upon fair trade rules, and one can't favour some companies over others on things like tax :laugh:

Grab those coins Niamh :clap1:

You know... if you calculate it as there being 4.5 million people in Ireland... Apple personally owes Niamh nearly 3000 euros! Maybe they'll give iTunes credit?

I would like a new phone actually :think: maybe an Ipad as well

Apple will a peal this

personally i am shocked t' core

Is it giving you the pip

I am just worried about Apple's turnover

is all

Hopefully they won't crumble

They need to make an Apple pie chart to see where they're at

Take the 13 billion as that amount would easily create more than 5000 jobs.

5000 jobs? You could just straight up GIVE 10,000 people 1.3 million euros. **** the jobs.

Me please :hee:

Yes that would really help the Irish economy in the long run ..not!