Apple tax!

by scrat Tue Aug 30, 2016 10:44 pm

Why are we being bombarded by the BBC, Éire, and the US telling us that not paying your taxes is cool, and why are the EU now chasing tax evaders, who was holding them back?

by Guest Tue Aug 30, 2016 10:48 pm

You referring to the £11Billion back taxes the EU are making Apple pay in Ireland?

by scrat Tue Aug 30, 2016 10:53 pm

sassy wrote:You referring to the £11Billion back taxes the EU are making Apple pay in Ireland?

Hi Sassy, I can't understand why anyone would defend this theft, they've got $200BN stashed off shore.

by Guest Tue Aug 30, 2016 10:58 pm

Absolute madness, we should be doing it to all the blasted tax dodgers!

by scrat Tue Aug 30, 2016 11:04 pm

sassy wrote:Absolute madness, we should be doing it to all the blasted tax dodgers!

The propaganda punted out by the Beeb is getting worse, you can see the newsreaders wide eyed fury and spittle if Corbyns name is mention, corporate slave masters swan off with the swag and they're worshipped as loveable rouges, one rule for them another for the rest of us, and still the sheep vote to continue with this farce.

by Guest Tue Aug 30, 2016 11:07 pm

I think they like getting stepped on and their faces rubbed in the mud, load of cowards too scared to take on the establishment.

And on that note pal, I'm for bed, lovely to see you on here, take care.

by scrat Tue Aug 30, 2016 11:10 pm

sassy wrote:I think they like getting stepped on and their faces rubbed in the mud, load of cowards too scared to take on the establishment.

And on that note pal, I'm for bed, lovely to see you on here, take care.

yeah I've just had my cocoa and two ginger nuts, Ciao for now sassy!

by Irn Bru Wed Aug 31, 2016 12:43 am

And remember Osborne (the sniffer) wanted to have nothing to do with the EU proposal regarding tax collection saying we have it all in hand Laughing

by Tommy Monk Wed Aug 31, 2016 1:11 am

scrat wrote:Why are we being bombarded by the BBC, Éire, and the US telling us that not paying your taxes is cool, and why are the EU now chasing tax evaders, who was holding them back?

Hello again scrat...

I see you are still mental...

And still suffer with severe selective memory failure...

Bit like the selective blindness of the EU...

by Irn Bru Wed Aug 31, 2016 1:35 am

Tommy Monk wrote:
scrat wrote:Why are we being bombarded by the BBC, Éire, and the US telling us that not paying your taxes is cool, and why are the EU now chasing tax evaders, who was holding them back?

Hello again scrat...

I see you are still mental...

And still suffer with severe selective memory failure...

Bit like the selective blindness of the EU...

Well the EU were not blind when they spotted billions of unpaid tax in Ireland were they?

Just like the minions everyone should pay their taxes including mega rich Apple.

Agreed?

by Tommy Monk Wed Aug 31, 2016 2:11 am

Everyone else has been seeing it for over a decade!!!

And here in uk we have been seeing similar shit going on for over a decade under Labour with the likes of Amazon and Starbucks etc...

It's a bit rich you lefties coming out now saying how bad shit has been under Labour and the eu... but now how great the eu is...

The eu is so corrupt that it hasn't been able to get its own accounts signed off for over 20 years!!!

The eu and it's labour cohorts are the problem... not the solution!!!

by veya_victaous Wed Aug 31, 2016 2:29 am

Tommy Monk wrote:

Everyone else has been seeing it for over a decade!!!

And here in uk we have been seeing similar shit going on for over a decade under Labour with the likes of Amazon and Starbucks etc...

It's a bit rich you lefties coming out now saying how bad shit has been under Labour and the eu... but now how great the eu is...

The eu is so corrupt that it hasn't been able to get its own accounts signed off for over 20 years!!!

The eu and it's labour cohorts are the problem... not the solution!!!

is that the answer from you backyard? Suspect

Cause this is globalised economies and has NOTHING TO DO WITH EU or UK as it happens to EVERY NATION that trades !!
literally EU is the FIRST TO DO SOMETHING ABOUT IT

SO you are just a MORON of the highest order
And you think You are going to make trade deals
my god you guys are dumb fucks to think people listened to Morons like you for the economic future of Britian

Sorry You are Beyond Dumb.

this is not a conversation or a debate
you are just too dumb
after reading your post i honestly wonder if you can tie your own shoe laces.
it like you are completely lacking in basic comprehension.

by nicko Wed Aug 31, 2016 5:42 am

OOHHH, YOUR SO MACHO!

by veya_victaous Wed Aug 31, 2016 6:10 am

nicko wrote:OOHHH, YOUR SO MACHO!

it's macho to understand economics and taxation and pay enough attention to realised that all our economies have issue with Apple Google Adobe Microsft ETC paying their taxes Suspect

Cool I'm super macho then. Rolling Eyes

But pretty sure You an tommy etc are just brain dead hicks that like the whine and pretend the your problems are so special
not at all like every other dumb fucker with the exact same problems tongue

by Guest Wed Aug 31, 2016 8:15 am

Irn Bru wrote:
Tommy Monk wrote:

Hello again scrat...
I see you are still mental... OMG ...to have our resident Village Idiot make such a comment about a 'newbie member' moves you - Scrat right up to GENIUS level; nobody has been called 'fuck-wit' more than Tommykins has
And still suffer with severe selective memory failure...
Bit like the selective blindness of the EU...
Well the EU were not blind when they spotted billions of unpaid tax in Ireland were they?
Just like the minions everyone should pay their taxes including mega rich Apple.
Agreed?

And for further proof of the utter waste of brain space around here; instead of being happy that a huge tax cheat has been caught the 'fuck-wit club' goes off in the opposite direction entirely!
Yet, it would take a chalk board and stick figures to show them the error in their thinking!
Just can't script thus crap up ...but reading the posts sure makes life a RIOT Suspect

by 'Wolfie Wed Aug 31, 2016 8:17 am

nicko wrote:
OOHHH, YOUR SO MACHO!

TO BE fair, nicko...

Rightfully that comment should have been directed at Tommy...

IF they could find £11 billion in unpaid corporate taxes owing in Ireland, one would imagine there's likely some ten times as much owed to Britain, considering the relative sizes of your national economies..

A traitorous two-faced dog the likes of Tommy Monk is really the last person you should be allying yourself with, if you really want to put Britain's interests first. Apple tax! 2035286543

by Guest Wed Aug 31, 2016 8:25 am

WhoseYourWolfie wrote:
nicko wrote:
OOHHH, YOUR SO MACHO!

TO BE fair, nicko...

Rightfully that comment should have been directed at Tommy...

IF they could find £11 billion in unpaid corporate taxes owing in Ireland, one would imagine there's likely some ten times as much owed to Britain, considering the relative sizes of your national economies..

A traitorous two-faced dog the likes of Tommy Monk is really the last person you should be allying yourself with, if you really want to put Britain's interests first.

Considering that his post was as effectual as a high school girls Apple tax! 2681620681

squeal of delight ...chances are WYWolfie he couldn't grasp any of the conversation or the topic so he just went with pure little girl emotion!

The whole premise of catching 'ANY' tax cheats benefits everyone ...but try explaining that to CHILDREN Apple tax! 859118666

by Tommy Monk Wed Aug 31, 2016 11:44 am

4EVER2 wrote:
Irn Bru wrote:
Well the EU were not blind when they spotted billions of unpaid tax in Ireland were they?
Just like the minions everyone should pay their taxes including mega rich Apple.
Agreed?
And for further proof of the utter waste of brain space around here; instead of being happy that a huge tax cheat has been caught the 'fuck-wit club' goes off in the opposite direction entirely!
Yet, it would take a chalk board and stick figures to show them the error in their thinking!
Just can't script thus crap up ...but reading the posts sure makes life a RIOT

Maybe you should have a look at scrats join date 4everatwat...!?

lol!

by Tommy Monk Wed Aug 31, 2016 12:01 pm

veya_victaous wrote:
Tommy Monk wrote:

Everyone else has been seeing it for over a decade!!!

And here in uk we have been seeing similar shit going on for over a decade under Labour with the likes of Amazon and Starbucks etc...

It's a bit rich you lefties coming out now saying how bad shit has been under Labour and the eu... but now how great the eu is...

The eu is so corrupt that it hasn't been able to get its own accounts signed off for over 20 years!!!

The eu and it's labour cohorts are the problem... not the solution!!!

is that the answer from you backyard? " alt="" title=""> " alt="" title=""> " alt="" title="">

Cause this is globalised economies and has NOTHING TO DO WITH EU or UK as it happens to EVERY NATION that trades !!
literally EU is the FIRST TO DO SOMETHING ABOUT IT

SO you are just a MORON of the highest order
And you think You are going to make trade deals
my god you guys are dumb fucks to think people listened to Morons like you for the economic future of Britian

Sorry You are Beyond Dumb.

this is not a conversation or a debate
you are just too dumb
after reading your post i honestly wonder if you can tie your own shoe laces.
it like you are completely lacking in basic comprehension.

Idiot!

by Tommy Monk Wed Aug 31, 2016 12:03 pm

WhoseYourWolfie wrote:
nicko wrote:
OOHHH, YOUR SO MACHO!

" alt="" title="">

TO BE fair, nicko...

Rightfully that comment should have been directed at Tommy...

IF they could find £11 billion in unpaid corporate taxes owing in Ireland, one would imagine there's likely some ten times as much owed to Britain, considering the relative sizes of your national economies..

A traitorous two-faced dog the likes of Tommy Monk is really the last person you should be allying yourself with, if you really want to put Britain's interests first.

Showing you don't understand what is going on at all basement dodger...

by Guest Wed Aug 31, 2016 12:59 pm

EU hits Apple with $14.6 billion tax bill
by Ivana Kottasova August 30, 2016: 6:05 PM ET
The tax ruling is the biggest the European Union has ever made regarding a single company, and it could spark a huge transatlantic row over how Europe treats U.S. companies.
Apple shares initially fell almost 3%, but then recovered most of their losses. The company will appeal the decision. It said the ruling upended the international tax system and would damage jobs and investment in Europe.
The European Commission, which administers EU law, said the Irish government had granted illegal state aid to Apple (AAPL, Tech30) by helping the tech giant to artificially lower its tax bill for more than 20 years.

"[EU] member states cannot give tax benefits to selected companies -- this is illegal under EU state aid rules," said Commissioner Margrethe Vestager, Europe's top antitrust official.
The United States fired back immediately, saying retroactive tax assessments by the EU were unfair.
"The Commission's actions could threaten to undermine foreign investment, the business climate in Europe, and the important spirit of economic partnership between the U.S. and the EU," a Treasury spokesperson said.
The decision amounted to "a transfer of revenue from U.S. taxpayers to the EU," White House press secretary Josh Earnest said. The Obama administration would fight for "American taxpayers and American businesses overseas when they're being treated unfairly," he added.
Apple paid tax at 1%, or less, on profits attributed to its subsidiaries in Ireland, well below the 35% top rate of corporate tax in the United States and Ireland's 12.5% rate.
That prompted complaints by both European and U.S. lawmakers, who argued that Apple had been given an unfair advantage in exchange for creating jobs in Ireland. CEO Tim Cook was even called to testify on Apple's tax arrangements with Ireland before a Senate committee in 2013.
The bill for tax benefits, plus interest, covers 2003 to 2014. Apple has more than $231 billion in cash on its balance sheet to cushion the blow.
Cook said on Tuesday the ruling had "no basis in fact or in law," calling it "obvious targeting of Apple."
Apple had helped create and sustain more than 1.5 million jobs across Europe, follows the law and pays all the taxes it owes, he added.
"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," he wrote.
Ireland said it will appeal the decision, saying Apple paid what it owed. The country has one of the lowest corporate tax rates in Europe, which makes it an attractive place for global companies.
The Irish government is afraid companies would be less likely to invest in Ireland if its tax regime changes, which could cost the country thousands of jobs.

Apple is not the only American company that has recently found itself under scrutiny over its European tax affairs.
The European Commission ordered Starbucks and Fiat Chrysler to repay millions in taxes last October.
Starbucks (SBUX) has to pay back up to 30 million euros it saved thanks to a sweetheart tax deal with the Netherlands. Fiat Chrysler (FCAM) was ordered to repay a similar amount after a similar deal with Luxembourg.
Both companies have appealed the decisions.

The EU is also probing the tax arrangements of Amazon (AMZN, Tech30) and McDonald's (MCD). Google (GOOGL, Tech30) is under investigation over its taxes in France and a couple of other European countries.
The ruling against Apple's tax deal comes despite a stern warning from the U.S. Treasury Department last week that it would consider "potential responses" if the Commission doesn't change course.
The U.S. Chamber of Commerce said the EU's ruling "feeds the perception that the Commission is unfairly targeting U.S. businesses."
"When coupled with ongoing competition investigations against several U.S. manufacturers, technology companies, and services providers, this ruling raises significant new questions about Europe's attractiveness as an investment destination for U.S. business," the Chamber said in a statement.
http://money.cnn.com/2016/08/30/technology/apple-tax-eu-us-ireland/index.html

Well if the chasm between the Brexit and Ireland wasn't wide enough this well maybe the thing that deepens it to the breaking point > Mad

Ireland said it will appeal the decision, saying Apple paid what it owed. The country has one of the lowest corporate tax rates in Europe, which makes it an attractive place for global companies.
The Irish government is afraid companies would be less likely to invest in Ireland if its tax regime changes, which could cost the country thousands of jobs.

by scrat Wed Aug 31, 2016 5:42 pm

Tommy Monk wrote:
scrat wrote:Why are we being bombarded by the BBC, Éire, and the US telling us that not paying your taxes is cool, and why are the EU now chasing tax evaders, who was holding them back?

Hello again scrat...

I see you are still mental...

And still suffer with severe selective memory failure...

Bit like the selective blindness of the EU...

and now that our opposition to chasing tax dodgers is out of the way, suddenly they can see!

by Major Wed Aug 31, 2016 8:52 pm

Anyone who pays or should pay legal income taz would dodge paying if they had the brains and guts.
We pay too much to give to forunuz.
Apple made an agreement for our own people.

by Guest Wed Aug 31, 2016 8:55 pm

My word, you didn't even realise it was and is about Ireland.

Mind you, when you can't speak and write English properly it must be a problem understanding the news.

by Tommy Monk Wed Aug 31, 2016 9:01 pm

Sassy... I don't think you understand it at all...

by scrat Wed Aug 31, 2016 9:03 pm

Major wrote:Anyone who pays or should pay legal income taz would dodge paying if they had the brains and guts.
We pay too much to give to forunuz.
Apple made an agreement for our own people.

Yeah fuck it, let them get away with it! doesn't matter if we build their infrastructure, educated their workforce, pay for all the services that keep them safe and secure, they've only got $200BN stashed away in off shore accounts, why on earth should they pay their fair share or anything towards the society that keeps the gravy train rolling for them.

by Guest Wed Aug 31, 2016 9:12 pm

Right, so Apple being told to pay back tax tax to THE IRISH REVENUE AUTHORITY, because Ireland is part of the EU and the EU has said that the tax break they have allowed Apple is illegal is difficult to understand? Well it would be for you Tommy of course. Add to that, Apple world wide have set up an administrative HQ that is virtual, so it cannot received mail or phone calls, and therefore does not pay tax on it's world wide income and the tax it is getting away with runs into £14.5 BILLION just in Ireland, world wide it incalculable.

by Guest Wed Aug 31, 2016 9:13 pm

scrat wrote:
Major wrote:Anyone who pays or should pay legal income taz would dodge paying if they had the brains and guts.
We pay too much to give to forunuz.
Apple made an agreement for our own people.
Yeah fuck it, let them get away with it! doesn't matter if we build their infrastructure, educated their workforce, pay for all the services that keep them safe and secure, they've only got $200BN stashed away in off shore accounts, why on earth should they pay their fair share or anything towards the society that keeps the gravy train rolling for them.

Abserbloodylutely.

by Tommy Monk Wed Aug 31, 2016 9:22 pm

sassy wrote:Right, so Apple being told to pay back tax tax to THE IRISH REVENUE AUTHORITY, because Ireland is part of the EU and the EU has said that the tax break they have allowed Apple is illegal is difficult to understand? Well it would be for you Tommy of course. Add to that, Apple world wide have set up an administrative HQ that is virtual, so it cannot received mail or phone calls, and therefore does not pay tax on it's world wide income and the tax it is getting away with runs into £14.5 BILLION just in Ireland, world wide it incalculable.

See... I told you that you didn't really understand...

by Guest Wed Aug 31, 2016 9:31 pm

I'll let that stand Tommy, cos it shows you up beautifully.

by Tommy Monk Wed Aug 31, 2016 9:39 pm

You think so... because you don't understand...!!!

Laughing

by Guest Wed Aug 31, 2016 9:56 pm

scrat wrote:
Major wrote:Anyone who pays or should pay legal income taz would dodge paying if they had the brains and guts.
We pay too much to give to forunuz.
Apple made an agreement for our own people.
Yeah fuck it, let them get away with it! doesn't matter if we build their infrastructure, educated their workforce, pay for all the services that keep them safe and secure, they've only got $200BN stashed away in off shore accounts, why on earth should they pay their fair share or anything towards the society that keeps the gravy train rolling for them.

Just my suspicious little brain working overtime; but would this be the EU's collective way of sticking it to the 'Brexit' voters by gouging their 'MONEY PIT' industry - stealing the 'Golden Goose' that has laid the golden eggs for England all these years with over 1.5 million 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 European Commission ordered Starbucks and Fiat Chrysler to repay millions in taxes last October.

I mean the EU has already gone after 2 other international companies and are eyeing Amazon as well ...do they think that there aren't other countries that these corporations can relocate to and operate far cheaper?

by Guest Wed Aug 31, 2016 10:23 pm

Ireland has one of the lowest rates of corporation tax in the West, but still did a special deal for Apple.

by Tommy Monk Wed Aug 31, 2016 11:07 pm

Corporation tax in the Republic of Ireland - Wikipedia, the free encyclopedia

Wikipedia › wiki › Corporation_tax_in_t...

Jump to Tax rates - There are two rates of corporation tax in the Republic of Ireland: 12.5% for trading income. 25% for non-trading income.

by Guest Wed Aug 31, 2016 11:18 pm

A United States Senate committee said in 2013 that Apple had negotiated a special corporate tax rate of 2 percent or less in Ireland. While the committee did not accuse Apple of breaking any laws, lawmakers criticized the “gimmicks,” “schemes” and complex corporate structures that allowed the company to sidestep taxes. The public scrutiny and the emergence of previously confidential information about Apple’s tax arrangements, in part, helped spark Europe’s own investigation into the issue.

http://www.nytimes.com/2016/08/31/technology/apple-tax-eu-ireland.html?_r=0

by Tommy Monk Wed Aug 31, 2016 11:21 pm

Been going on since at least 2004 sassy...

1% tax was paid there in 2004 on the whole of profits from business across whole of eu...!!!

by Guest Thu Sep 01, 2016 12:24 am

sassy wrote:Ireland has one of the lowest rates of corporation tax in the West, but still did a special deal for Apple.

Yea, read that up there in my article ...and how one of the negotiated methods for bringing Apple over to Ireland was the 'Special Rate'; but Apple had been paying their rated percentage but not according to the EU's ratio tax code! Evil or Very Mad

Something all corporations push for whether on a national level or even in rural small municipalities ...getting a 'Special Tax Incentive' is common business practice used to draw businesses into your region - business that will BRING JOBS!

by Tommy Monk Thu Sep 01, 2016 12:31 am

The profit office in Ireland didn't have any staff... it was there just as a front to put the profits through and pay fuk all tax on...

Been going on since at least 2004 there with apple alone...

by 'Wolfie Thu Sep 01, 2016 3:47 am

THERE IS THAT "multiplier effect" all along the way, where big multinationals the likes of Apple, Google, Facebook, IBM, HP, Esso, BP, Exxon, GM, Ford, et al, are shuffling profits along from one country to another, until they eventually stop in those low-tax "havens" like Ireland, Jersey, the Cook islands, Panama...

Out of that $US 14.6 billion dollars, maybe 40% will actually be owable back in the USA and Canada. Even little old Australia will probably be due some $500->>700 million in unpaid taxes, just for this one year..

Apple is only being singled out because they're the biggest tax-avoider in the gang. Add in other tax-dodges by just the world's 15 or 20 biggest corporations alone, and the likely tax bill could well be ten times as big.. Apple tax! 1399249160

IF, in that case, Oz might be owed some $5 billion in taxes just from those big multinationals, Britain will likely be due some $US 11->13 billion ??? Just imagine what a difference a tax revenue boost like that could make to your guvm'nts spending on welfare, health and education..

ONCE AGAIN Tommy and Stormee prove that they know absolutely zich about either economics or big business. Is it any wonder then, that those two are so easily led into parroting whatever nonsense their corporate masters care to dripfeed them.. Laughing

by veya_victaous Thu Sep 01, 2016 4:22 am

Ok tommy If you keep posting the opposite of the article and literaly just crap I am basementing you

The Article IS ABOUT the EU fighting to get back the taxes a corporation has evaded.
it is NOT an anti EU piece in any way shape or form unless you support Apple not paying tax.

by Ben Reilly Thu Sep 01, 2016 4:44 am

Now now, Veya. Why basement him when he's obviously resolved to lay out his idiocy in all its shit-stained glory?

By all means, Tommy -- tell us what you think. Smile

by scrat Thu Sep 01, 2016 8:17 am

4EVER2 wrote:
scrat wrote:
Yeah fuck it, let them get away with it! doesn't matter if we build their infrastructure, educated their workforce, pay for all the services that keep them safe and secure, they've only got $200BN stashed away in off shore accounts, why on earth should they pay their fair share or anything towards the society that keeps the gravy train rolling for them.
Just my suspicious little brain working overtime; but would this be the EU's collective way of sticking it to the 'Brexit' voters by gouging their 'MONEY PIT' industry - stealing the 'Golden Goose' that has laid the golden eggs for England all these years with over 1.5 million 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 European Commission ordered Starbucks and Fiat Chrysler to repay millions in taxes last October.
I mean the EU has already gone after 2 other international companies and are eyeing Amazon as well ...do they think that there aren't other countries that these corporations can relocate to and operate far cheaper?

The EU wants its own form of corporate governance, it is a bureaucrats dream, anti worker and pro austerity with aspirations of becoming the United States of Europe, thankfully us Brits saw what was coming and bailed out just in time, there's no doubt that the French and Germans are now acting out of spite, however chasing multinationals for the correct level of taxation is a good and just cause and the only country they're likely to relocate to is the UK if we secure a decent trade agreement.

Britain is aiming to become a tax haven for greedy global enterprises, especially those in the service sector that feed 77% of our GDP, low wage, low productivity, limited worker rights and the privatisation of health, education and housing will be the road we travel down, and this is why it is so vital to support Jeremy Corbyn, the only alternative available.

by Major Thu Sep 01, 2016 11:20 am

Tommy rockz.

by Tommy Monk Thu Sep 01, 2016 1:16 pm

scrat wrote:
The EU wants its own form of corporate governance, it is a bureaucrats dream, anti worker and pro austerity with aspirations of becoming the United States of Europe, thankfully us Brits saw what was coming and bailed out just in time, there's no doubt that the French and Germans are now acting out of spite, however chasing multinationals for the correct level of taxation is a good and just cause and the only country they're likely to relocate to is the UK if we secure a decent trade agreement.

Correct and I agree.

by Tommy Monk Thu Sep 01, 2016 3:04 pm

veya_victaous wrote:Ok tommy If you keep posting the opposite of the article and literaly just crap I am basementing you

The Article IS ABOUT the EU fighting to get back the taxes a corporation has evaded.
it is NOT an anti EU piece in any way shape or form unless you support Apple not paying tax.

Just noticed your avi... is it the new eu flag...?

lol!

by scrat Thu Sep 01, 2016 5:31 pm

Tommy Monk wrote:
scrat wrote:
The EU wants its own form of corporate governance, it is a bureaucrats dream, anti worker and pro austerity with aspirations of becoming the United States of Europe, thankfully us Brits saw what was coming and bailed out just in time, there's no doubt that the French and Germans are now acting out of spite, however chasing multinationals for the correct level of taxation is a good and just cause and the only country they're likely to relocate to is the UK if we secure a decent trade agreement.

Correct and I agree.

Good to see that you're coming over to the light, and quoting the socialist freedom fighter George Orwell, well done Lad!

by Irn Bru Thu Sep 01, 2016 9:48 pm

Ireland certainly got itself in a hell of a mess and I can nremember 'sniffer' Osborne telling us how wonderful they were and how we should be emulating their economic success. In fact he even went to Ireland to tell them that,,,

Apple tax! Osborn11

And here's his speech and if you can get through that without laughing you will do well to get to this bit,,,

"Second, a modern European economy must attract capital in a world with ever more diverse investment opportunities. Ireland has done that, too. By 1996, foreign-owned firms had come to account for nearly half of manufacturing employment, and nearly two-thirds of manufactured exports. A quarter of Europe’s computers are made in Ireland, and much of its Viagra. And leading global firms like Apple, Google, Intel, and Microsoft have chosen to locate their European operations here.

We in Britain would do well to listen and learn from our Irish neighbours"
.
http://conservativehome.blogs.com/torydiary/files/george_osborne_speech.pdf

Now George was barely out of Heathrow Airport on his return from Dublim before the shit had hit the fan but never mind because David Cameron was so impressed by Osborne he decided to hand him control of the UK economy by appointing him Chancellor of the Exchequer of his government. And the first Act that Osborne had to put in place was this one,,,

Apple tax! Irish_10

That was our George approving a loan to Ireland that was part of the UK's £7 billion package to bail out Ireland from the shit they were in and to keep them in the Euro. Poor George didn't even get a Red face as he spoke in Paliament to get it passed.

So yes, Apple should cough up because it will enable Ireland to pay us back for the loans that we gave to Ireland.

Amazing huh!

by Tommy Monk Thu Sep 01, 2016 11:15 pm

So what were the labour govt and the eu saying about corporations running their profits through front offices in Ireland from at least as far back as 2004 while paying little to no tax on any of it...?

by Irn Bru Thu Sep 01, 2016 11:55 pm

Tommy Monk wrote:So what were the labour govt and the eu saying about corporations running their profits through front offices in Ireland from at least as far back as 2004 while paying little to no tax on any of it...?

It doesn't matter what they were saying Tommy, the cat is out of the bag now and it's payback time - we need the money.

by Guest Fri Sep 02, 2016 12:29 am

Scrat stated > The EU wants its own form of corporate governance, it is a bureaucrats dream, anti worker and pro austerity with aspirations of becoming the United States of Europe, thankfully us Brits saw what was coming and bailed out just in time, there's no doubt that the French and Germans are now acting out of spite, however chasing multinationals for the correct level of taxation is a good and just cause and the only country they're likely to relocate to is the UK if we secure a decent trade agreement.

But here's my position {&/or question} wasn't the method that Ireland used to entice those large corporations over to their bonny shores with those 'lower corp. tax incentives' the very reason's that Ireland beat out so many other option locations that led to these corporations choosing their final destination sights?

From Irn's article > And leading global firms like Apple, Google, Intel, and Microsoft have chosen to locate their European operations here

If - IF the EU is able to undo the 'tax credit' agreement {Apple's Tax Lawyers said they've paid what was agreed upon each year} and all of this get tied up in continuous litigation ...how many other big corporations are going to come 'knocking' at your door when they see this fall out happening to their competitor businesses?

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