30-08-2016, 06:10 PM
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Well done EU - Apple to pay 13 billion in unpaid taxes!
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%.
30-08-2016, 07:38 PM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
And as a counter to your continuing anti Brexit stance,Brexit Britain could become home to giant global firms which fear huge EU tax demands after Apple ruling
Downing Street says tech giant is 'welcome' in Britain after Irish row
EU wants Apple to repay £11bn in tax even though Ireland doesn't want it
Experts says a UK free from Brussels could do its own special tax deals
http://www.dailymail.co.uk/news/arti...le-ruling.html
Brexit Britain’s booming! EVERY region of the country is more prosperous than last year, a new study finds
Wealth, spending or earnings rose across the country in year to April 2016
Biggest increase to household wealth was in Scotland with 13 per cent
North east is least prosperous but rate of growth is still 'impressive'
One in every 67 people in the UK is now a millionaire, down 3.8 per cent
http://www.dailymail.co.uk/news/arti...rch-finds.html
30-08-2016, 07:53 PM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
See the Irish Government as well as Apple are against this ruling and will appealAs was stated by an Irish Spokesperson and echoed by others commentators.
The EU should have no say in the Tax affairs of any member country.
30-08-2016, 08:11 PM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
Originally Posted by galty
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See the Irish Government as well as Apple are against this ruling and will appeal
30-08-2016, 09:38 PM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
I don't think the Irish people will have too much to say if Apple pull their operation out of Ireland and a few thousand tax paying Irish people are queueing outside the job centre on Monday morning.Nothing that Apple was doing (or has done) was illegal. You can't blame a company for taking advantage of the loopholes in the tax system.
31-08-2016, 04:45 AM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
Originally Posted by Nom
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Brexit Britain’s booming! EVERY region of the country is more prosperous than last year, a new study finds Wealth, spending or earnings rose across the country in year to April 2016
Biggest increase to household wealth was in Scotland with 13 per cent
North east is least prosperous but rate of growth is still 'impressive'
One in every 67 people in the UK is now a millionaire, down 3.8 per cent
In fact have they even told the EU they are leaving yet?
31-08-2016, 07:54 AM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
Originally Posted by Bruce
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Ummm.. You do realise that Britain hasn't actually left the EU yet don't you? So these figures are Britain in the EUIn fact have they even told the EU they are leaving yet?
31-08-2016, 08:11 AM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
Originally Posted by Bruce
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Ummm.. You do realise that Britain hasn't actually left the EU yet don't you? So these figures are Britain in the EUIn fact have they even told the EU they are leaving yet?
31-08-2016, 08:17 AM
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Re: Well done EU - Apple to pay 13 billion in unpaid taxes!
Originally Posted by Bruce
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Ummm.. You do realise that Britain hasn't actually left the EU yet don't you? So these figures are Britain in the EUIn fact have they even told the EU they are leaving yet?
With regard to the EU and the fine, Apple and the Irish government tried to gain an advantage over the other European countries and got caught out. They deserve everything they get. It does raise a worrying precedent about the EUs intererence in the tax affairs of a sovereign country though. Thank goodness we' re leaving.
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