Comments | talk_politics: EU vs corporations

mahnmut in talk_politics

EU vs corporations

Sep 20, 2016 16:37

185 CEOs of the largest US companies have petitioned the major EU leaders to oppose a Brussels decision that Apple should pay well over 14 billion euro of taxes to Ireland, after having used tax-evading techniques. The corporations believe this EC decision is a "self-inflicted wound" and "total political crap" that would hurt the European economies ( Read more... )

corporations, taxes, eu, trade

Comments 15

ddstory September 20 2016, 19:32:24 UTC

Well, good luck to the EC in opposing all those corporations. My prediction: they'll cave in.

johnny9fingers September 20 2016, 22:25:22 UTC

In any normal analysis this would be the main reason that the powers which own the press were pushing for Brexit: an off-shore tax-haven with single-market access. So Soft Brexit it is then.

Glad that's all cleared up then.

Fuckingwankershitbastardtosscake felchers. The lot of them.

garote September 21 2016, 02:45:56 UTC

An interesting precedent. Victory through cannibalism.
US companies are holding funds abroad to avoid taxes? Clearly it means that money is earmarked for us!! It was our long-game all along...

mahnmut September 21 2016, 05:59:31 UTC

If by "us" you meant "the American people", you were wrong all along.

garote September 21 2016, 07:32:48 UTC

Eh wha? I meant the EU.

mahnmut September 21 2016, 07:46:50 UTC

Right. Snarky snark is noted. Very funny indeed. Ha ha ha.

You know what's even funnier? That the tax money these companies went to hide in Europe in the first place could've come to you, in the form of public services - but it hasn't. Funny, right? Ha ha.

Thread 12

mikeyxw September 22 2016, 10:59:20 UTC

I can actually see why they'd be concerned. While there is absolutely no reason to feel sorry for Apple here, they were following Irish tax laws as both they understood it and as the Irish government understood it. Not only did Ireland say that Apple followed the law, they are thinking about appealing and forgoing the 13 billion in tax revenue. Even the EU didn't say that Apple did anything wrong, rather for Ireland's anti-competitive activities, Apple will need to pay Ireland a huge amount of money ( ... )