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30-08-2016, 01:19 PM | #1 | |||
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This Witch doesn't burn
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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. Apple reaction: Live updates Apple tax ruling 'a serious blow' Rory Cellan-Jones: EU takes on Apple, Ireland and the US "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." Last edited by Cherie; 30-08-2016 at 01:19 PM. |
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30-08-2016, 01:20 PM | #2 | ||
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Not Apple owing Our Niamh money
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30-08-2016, 01:23 PM | #3 | |||
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I Love my brick
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Not good for us at all
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30-08-2016, 01:32 PM | #4 | |||
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This Witch doesn't burn
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30-08-2016, 01:33 PM | #5 | |||
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I Love my brick
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30-08-2016, 01:35 PM | #6 | |||
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This Witch doesn't burn
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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
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30-08-2016, 01:37 PM | #7 | |||
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I Love my brick
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Absolutely
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30-08-2016, 01:40 PM | #8 | |||
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I might be over simplifying this but it took the EU 3 years to come to this conclusion A few quick phone calls and a calculator should have done the job
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30-08-2016, 01:49 PM | #9 | |||
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Senior Member
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Yes both Ireland
and Apple Corp are to appeal. |
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30-08-2016, 01:50 PM | #10 | |||
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Senior Member
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30-08-2016, 01:53 PM | #11 | |||
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I Love my brick
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They could have rang me and I would have let them know
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30-08-2016, 01:57 PM | #12 | |||
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This Witch doesn't burn
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30-08-2016, 02:24 PM | #13 | |||
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self-oscillating
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30-08-2016, 02:31 PM | #14 | ||
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Banned
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30-08-2016, 02:39 PM | #15 | ||
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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?
Last edited by Toy Soldier; 30-08-2016 at 02:40 PM. |
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30-08-2016, 02:40 PM | #16 | |||
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I Love my brick
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I would like a new phone actually maybe an Ipad as well
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30-08-2016, 02:41 PM | #17 | |||
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You know my methods
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Apple will a peal this
personally i am shocked t' core |
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30-08-2016, 02:43 PM | #18 | |||
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This Witch doesn't burn
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30-08-2016, 03:06 PM | #19 | |||
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You know my methods
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30-08-2016, 03:08 PM | #20 | |||
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This Witch doesn't burn
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30-08-2016, 03:09 PM | #21 | |||
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I Love my brick
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They need to make an Apple pie chart to see where they're at
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30-08-2016, 03:31 PM | #22 | ||
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Banned
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Take the 13 billion as that amount would easily create more than 5000 jobs.
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30-08-2016, 03:35 PM | #23 | ||
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30-08-2016, 04:04 PM | #24 | |||
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I Love my brick
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Quote:
Me please
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30-08-2016, 05:28 PM | #25 | |||
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This Witch doesn't burn
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