tech

Apple wins EU court battle in tax case

12 Comments
By Alex PIGMAN

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12 Comments
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Ireland's budget is going to be under further pressure.... maybe they could take a leaf out of the BLM protest group and sue the UK for past crimes against their population ?

-2 ( +0 / -2 )

I wonder who Apple paid off?

-1 ( +0 / -1 )

This will be Apple-peeled...

I'll get my coat.

0 ( +0 / -0 )

I'm with Apple and Ireland on this one. The EU argument is weak and had it won, would make Europe look like a communist state. With bureaucrats like this bunch running the show, Europe will be the sickman of the world economy sooner or later.

Ireland has every right to have a competitive income tax regime. If the EU wants a bigger slice of the tax pie, it could introduce a consumption tax to gain more revenue at the source of consumption. Telling Ireland to tax more because it makes European bureaucrats look bad just reeks of communist control.

-1 ( +1 / -2 )

The EU argument is weak and had it won, would make Europe look like a communist state.

Would it not make it look more like the USA which has a nationwide federal tax on corporations?

0 ( +1 / -1 )

@Sh1mon M4sada: You apparently don't know how the EU and taxes there work - and what communism really is. Anyway I don't think this will be the end, it was a first verdict.

1 ( +2 / -1 )

Just google it guys and gals, this battle between corporates and the EU has been brewing for decades. Ireland is not even ranked as the best tax haven country in the EU, the Netherlands is (along side Luxemberg, Ireland, Cyprus and Switzerland).

The EU is accusing Ireland of subsidizing corporations via its low corporate income tax rates, a ridiculous and weak argument. The court agrees with Ireland and Apple.

As I have posted, if other countries (in the EU) want more tax take, just introduce a consumption tax (or increase the existing rate), don't beat around the bushes trying to force other countries to do the politically unsavoury deeds for you.

-2 ( +0 / -2 )

@Sh1mon M4sada: You still haven't checked how the tax system in the EU works, did you?

2 ( +2 / -0 )

You still haven't checked how the tax system in the EU works, did you?

The court has agreed with Apple and Ireland, that is the contention here. In fact you should ask Margrethe Vestager the same question, because the court has obviously decided she doesn't know how it works. May be you and Vestager don't like to know how it should work?

My contention is, countries within the EU should be free to set their own taxes. Not doing so is akin to a central controlled communist state.

But hey, here's your chance, please tell us all what is it about how EU taxes work that says it can dictate taxes in sovereign nation within the EU?

Again, for the avoidance of doubt. Low tax is a right - NOT a subsidy. Ireland is not the only country with low tax, nor is it the lowest and Apple is not the only corporation seeking a tax haven.

-2 ( +0 / -2 )

My contention is, countries within the EU should be free to set their own taxes.

They generally are able to set their own tax rates. The case brought by the EU was not about setting low tax rates as such. They contended that the specific tax in this case constituted "state aid" and gave preferential treatment to a particular company. The court found differently.

1 ( +1 / -0 )

The UK should turn things around - Corporation tax free for Global Companies, so long as the majority of the Companies paid employees are based in the UK.

0 ( +0 / -0 )

0% Corporate Tax... should be an interesting proposition... and look at the Job growth it'd bring to the UK... which would potentially offset Corporate Taxation loss - which is under threat anyway due to Covid-19 and the likes.

0 ( +0 / -0 )

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