Coming Up On Bloomberg

at

noonan

Hello you.

He’s lost a few Euros pounds.

Apple Ordered to Pay Up to $14.5 Billion in EU Tax Crackdown (Bloomberg)

Earlier: The €13billion Apple Bill

Previously: A Long Way from £2 Apple

Thanks Graeme Kelly

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31 thoughts on “Coming Up On Bloomberg

    1. ahjayzis

      A Yank who died three to four weeks ago and spent the interim facedown in the Hudson, mayhaps…

        1. ahjayzis

          Are you suggesting he doesn’t look, talk and act like a not so fresh corpse? He’s undead, admit it.

    1. Bertie Blenkinsop

      “Will I fix the teeth while I’m at, they’re the colour of a pub ceiling…?”
      “Nah, leave them, it’ll be grand.”

      1. MoyestWithExcitement

        Oh, well that makes it perfectly ok to use someone’s voice as the centrepiece of your multi million dollar marketing campaign without paying or even notifying them and when you’re making $16billion a year and paying $500 tax per every million. It’s no wonder big business can get away with so much crime while we have lapdogs like you scuttling around the place defending them.

  1. DubLoony

    Someone is going to have to explain to me in short sentences and small words why on earth Irish govt would fight a potential windfall of €13bn at a time when we’re still very much financially wobbly.

    1. Tish Mahorey

      Because they’re afraid that inward investment will be threatened if companies think they ACTUALLY have to pay tax here.

    2. LW

      I’ve no idea. Is it because if they take it they’re admitting they were doing wrong? Is it because they’re afraid Apple will bolt? Is it because it could unleash a wave of similar judgements against other multinationals? These questions aren’t sarcastic, I’ve been wondering the same thing.

      I dunno if it’s true, but I saw somewhere that more than 50% of respondents to a Joe Duffy poll today felt we shouldn’t take the money. Unless all the TDs are frantically texting in, it seems that other people share their views.

      It’s hard to see how they think this will play in their favour here at home though. I suppose given that Labour and FF are supporting the appeal gives them some breathing space

  2. serf

    This cash would never really be for us to keep. If you read the statement, the EC is opening the door for every other country (including the US) to stake a claim to what were international earnings.
    This “tax liability” represents international earnings that Apple generated over a period of time. Irish Tax Law requires payment of tax on income earned in Ireland. So there is no basis in Irish law to now – retrospectively – levy tax on Apple. Under what Tax law is Ireland supposed to do this?
    In any case, the EC seems to think Ireland has some role as an international tax collector (because you can be certain France, Germany etc will want their share of the €13bn). If they believe Apple owes tax elsewhere, let them go pursue that under their own laws. Its actually all bizarre overreaching behaviour by the Commission and makes Brexit look like a sensible move by the Brits. If this kind of a ruling survives
    an appeal, its clear we’ve no financial sovereignty, no control over our industrial policy and may as well hand over the keys to Brussels.

    1. manonfire

      some big eu powerhouse countries were vying for some of the big tech companies to set up HQ with them, however the techys keep pining with Ireland because of the low corp tax, english spking and relatively high educated work force, the EU is fed up with Irelands corporate tax and the govts stance so here we are, the govt isnt allowed to move on the corpo tax because theyr masters in the us multinat firms say no and the eu want it raised for competition so now they are trying to force their hand with fines..

      wer the losers though because well have to pay them

  3. Fully Keen

    We are a tax haven.

    Dirty deeds.

    €13 billion.

    Put that into the health system and see if it doesn’t help.

    But we can’t do that…… Blah blah blah reasons.

    Backward, dishonest, selfish, brown envelopes and gravy slurping.

    We are useless.

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