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It's Great In The Eu Isn't It?

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ToraToraTora | 12:04 Tue 30th Aug 2016 | News
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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...
12:21 Tue 30th Aug 2016
It's like the old saying, I guess; "An Apple a day keeps the EU away!"
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.
Question Author
"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.
When ARE we going to come out ???
// 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
Question Author
think it through PP.
What's to think through? We've reached a pretty pathetic state of affairs if people are genuinely going on about how sad it is that Apple now has to, you know, pay tax.
Apple must immediately up sticks and base the business out of the reach of the greedy grasping Eurocrats and move to........................ Great Britain.
Ireland have also said that they are appealing against the decision.Why don't they just ignore it.
The deal obviously suits the plans of the Irish Celtic Tiger, but not the EUSSR circus master. Send in the clowns.
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/

Good article on this here:

http://www.telegraph.co.uk/business/2016/08/28/brussels-mustnt-achieve-tax-reform-by-using-state-aid-rules-crea/

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 Netherlands, Luxembourg and Belgium are also on the hit list, Gromit ...
Question Author
buy hiring in the state concerned they are paying money into the economy of that state, most of which is in effect tax. Socialists have never been able to grasp that.
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*by!
Apple have released a statement. You might like it Tora,

http://www.apple.com/uk/customer-letter/
Jim360
// What's to think through? We've reached a pretty pathetic state of affairs if people are genuinely going on about how sad it is that Apple now has to, you know, pay tax. //

Apple is the largest taxpayer in Ireland.
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. //
Ooh goody! Does that mean we get back the £8 billion that we had to use to bail them out a few years back?

I do hope so....
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