Apple should repay Ireland €13bn, European Commission rules

bbc.com/news/business-37220799

HAHAHAHAAHAHA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAH

FUCK YOU APPLE, PEARS ARE BETTER

Other urls found in this thread:

money.cnn.com/2016/08/30/technology/apple-tax-eu-us-ireland/index.html
europa.eu/rapid/press-release_IP-16-2923_en.htm
twitter.com/SFWRedditImages

t. applel

>Ireland going to court to argue against receiving damages.

What kind of backwards shit is going on in the EU? This is some mirror universe bullshit.Who the fuck pays a team of lawyers to argue that they should be given less money? What kind of legal system forces you to take money you don't want?

Ya'll niggas need to get your shit together before the Muslims end up running everything... oh wait.

> What kind of backwards shit is going on in the EU?
So, look, court rules that Ireland tax benefits are illegal, alright. Then Facebook, MS and Aplle run the fuck out of Ireland and that country is left with 13 billions euro, but without FB, MS and Apple taxes for the next 20+ years.

>but without FB, MS and Apple, fullstop
Sounds like a great deal.
You get 13 billion euros to spend on education,
and at the same time you get rid of the biggest mental cancer dragging the current generations backwards.
Win-Win.

>Putting forward the case that you do not want $13 billion paid to you

I understand why and Ireland's status as a tax haven but the absurdity of it is still amazing.

> at the same time you get rid of the biggest mental cancer
No, you get rid only of their money.

>fiance minister said he disagree "profoundly" with the decision
>how dare you make them pay us 13b euros

holy shit how utterly corrupt and cucked is the irish government

You are so fucking dumb dude. Change everything about your life before it's too late.

Fucking everything is crumbling around Apple and fast. There really is a god.

>apple has to pay irelands
>Ireland's economy disappears because no trust other tax dodgers won't also get caught
>Ireland fucked long term
>every business sitting in Ireland becomes more expensive to customers
EU're welcome.

>Remove all future income for a one time price of €13bn
>Good
You must be a special kind of stupid.

As long as Apple is the only one punished, it's all good. EU is still in the right at the moment.

>apple forced to pay
>nobody trusts staying in Ireland
>Amazon leaves
>Cisco leaves
>Dell leaves
>Dropbox leaves
>eBay leaves
>Facebook leaves
>Google leaves
>HP leaves
>IBM leaves
>Intel leaves
>LinkedIn leaves
>Logitech leaves
>Microsoft leaves
>Oracle leaves
>Paypal leaves
>Symantec leaves
>Twitter leaves
>Yahoo leaves
>Ireland fucked out of income
>all these businesses cost you more

So when's Ireland's european exit vote?
You need to understand how ireland's economy works. They behave like a tax haven for companies who want to operate in the EU. They purposefully lower taxes to attract companies like apple to fuck them over.
Because the politicians receive a lot of money from these companies.

Sweeeeet!

>because politicians-
nope.
It's extra income for them for free.
If they had it higher, the businesses wouldn't be there and they'd have 0 income.
The arrangement lets them take dirt from these businesses because it's still more than they'd otherwise get.

"Political crap"

- Tim Cook on paying taxes

It's OVER

AAPL is FINISHED and BANKRUPT

Uh do you not understand that politicians accept under the table money from companies?

They still get VAT and income tax

If this were to happen, I genuinely hope Phillip Hammond keeps his promise about undercutting the EU on corporation tax so all these companies come to London and give a big fuck you to the EU commission

do you not understand that that's not the case?
Ireland itself benefits from being a tax haven, not (just) the politicians

I would love to see that.
UK drop the corp rates; become cheaper than the netherlands, conquer the free market again.

How much it would hurt Ireland economically if companies started leaving?

Kek
The megacorps are having an orgasm about this race to the bottom.

Good goyim

>b-b-b-b-but if they collect thirteen billion euros now they won't be able to collect 0.005% when they move their tax shelter!

Wow what a disaster. The EU sure will look dumb in the next two hundred years when the Cayman's surpasses them in total Apple tax receipts

Are conservatives literally the dumbest and most economically cucked people on the planet?

...

>Corporations move to UK
>Business booms, jobs and such
>FTSE and £ hit record highs
>Euro crashes and burns
>Sit and laugh when my £40,000 salary is worth more than a Eurocuck's €100,000

How much do tax havens get out of it anyway? According to the EU commission, Apple paid 0.005% tax in Ireland.

>remove all future income which would amount to barely a tenth of the 13 billion due to shitty tax laws
>instead get 13 billion to invest into education so your current generations can produce a national income revenue far larger than a bunch of foreign companies who evade tax, and increase in national productivity, and more importantly Facebook removing itself from your country and a sudden increase in IQ due to it
>bonus points: no more Apple hipsters or Windows 10 streetshitters in your country

Sounds like your are the retard here.

$13B is chump change for them though.

It would depend both on the number of companies and which ones, of course.

But, if it were a major exodus, Ireland would be bleeding from the anus pretty quickly. Ireland has set itself up for quite some time now as a barely legal offshore tax haven. They've been playing some convoluted shenanigans to bring in a lot of corporate money by undercutting a lot of other countries ... as demonstrated in that article by the EU ruling.

I used to own and operate a small business in the EU. I can tell you from experience that keeping a post office box in Ireland to dodge taxes around the world is a huge game that probably shifts (& avoids) tax burdens globally in multiples of trillions.

Basically Ireland allows companies to hide wealth & dodge taxes around the world, and takes a small percentage of gravy for Ireland. It's no exaggeration to say they've been behaving like an offshore tax haven, but with slightly more accountability to appear slightly more legal. A lot of countries, not just in the EU, would like to see Ireland take a bit of a fucking for what they've cost other countries.

There's competition, and then there's unfair competition. Ireland's been dancing all over that line for a while now.

No it isn't. If Apple brought all their cash back to US soil they'll barely have enough to pay back their $97b debt in the US. Bringing the cash back to US soil will incur 40% tax.

This. They can invest into local businesses and profit in the future. Even if apple leaves nothing is lost (almost nobody uses their shit), I'm sure not too many companies would leave because of this and if they did they would lose a large group of consumers which isn't really in their interest. Also,
>Ireland creates a company which designs the best linux distribution ever
>Microsoft and Apple get fucked out of Europe because everyone is using the Irish free or 10 times cheaper alternative
>by the end of 2025., 80% of Europeans are using PotatoOS

>You get 13 billion euros to spend on education
They already spend tons of money on education, with the IT sector being one of the primary targets. What do you think will happen if their IT sector packs up and leaves? Cork and Dublin would become ghost towns.

>What do you think will happen if their IT sector packs up and leaves?
>their IT sector
Oh i'm sorry, i didn't know Microshit, Apple, and Facebook, were Irish businesses.
I didn't know they were businesses originating from Ireland who have real interest in helping the local economy and national productivity.
You sure showed me user!

>ireland GDP : 232 billions
It means that they do 600 million a day
13 billion is 21 days worth of GDP
Would you, as a company, give up some of your most important clients for an instant payment of 21 days worth of money?

>all 100% of the GDP comes from Apple, Microsoft, and Facebook
>there is no revenue loss to foreign companies to be included into this equation for balancing
>education investments are for the purpose of having your people employed into foreign companies, not for the purpose of creating their own companies as competition and proliferating national business

user, your math is as simple-minded as you are.

Seriously. Apple, Google, Microsoft, Dell and Intel employ a huge portion of the population. Their education system, which they've spent a lot of money on, is geared towards making the population qualified for these positions. Ireland is still recovering from the 2008 credit crunch and people are falling back into bad habits. If these companies leave Ireland will face a second credit crunch, compounded by Brexit fucking them over because most of their food exports are to Britain, which will be on shaky ground.

Ireland is on the brink of going twenty years back in time, which is a scary thought because they're already twenty years behind the rest of Europe.

so they've gone from the richest company to like the 3rd richest do you think it's that bad

They won't ever pay it anyway. First, they'll try spending 13G€ in legal bullshit trying to combat the decision and prolonging the process.

You're ignorant if you think this will result in anything other than a tiny scratch on Apple's income due to legal fees.

14.52bn/700bn.
We still got a while to go

They won't run out of Ireland because there are people there who pay for their services.
None of those companies would in their right minds leave a first world country because they had to pay a few billion in damages. They would make that back from them in a few years anyway.

>who have real interest in helping the local economy and national productivity.
But they do. Intel and Google have helped build infrastructure. Facebook and Google have contributed to gearing third level education towards their needs and employing the people. This is a pretty big deal. This isn't about showing anyone anything, this is just absolutely massive for Ireland. They were in uproar when Dell moved some of their stuff from Ireland to Poland and there was a national debate on how to avoid it happening again.

AMERICANS SHOULD BE HAPPY ABOUT THIS

HOPEFULLY THEIR CORPORATIONS ARE FORCED TO PAY TAXES IN AMERICA INSTEAD OF HIDING IN TAX HAVENS OVERSEAS

You act as if this matters. Laws are made by politicians. Fullstop.

Whether or not it would be a benefit otherwise is pretty much irrelevant.

who is this qt

>some of your most important
I didn't say all of them.
And i'm pretty sure the fucking irish finance minister and his blood-sucking lawyers know more than you if doing this is beneficial or not for the country.
apple's in 2015 had a 223 billion dollar revenue, literally almost as much as the entire country.
Depends how much taxes apple paid to ireland, but even if it was 1% that's still 2.23 billion dollars a year from apple alone.

Add this up with all these companies and you'll see that 13 billion is peanuts

>and at the same time you get rid of the biggest mental cancer dragging the current generations backwards.
do you honestly believe forcing apple etc. to cheat taxes in a different country other than ireland will make the situation any different?

A government isn't a company you idiot. Of course I'd take the money and start local businesses which develop the country instead of foreign ones. That would mean much more to Ireland in the long run, instead of relying completely on America. It's simple
1) Refuse to take the money
>portion of your economy is dictated by foreign countries
>you develop other countries instead of your own
>import tons of shit, local products aren't sold as much
2) Take the money
>make your own companies
>more people can be employed locally
>your economy blossoms in a few years
Second option seems much better. I'm not saying isolationism is good, but nobody gives a shit about apple, it's not a popular brand in Europe either way. Only 1 in 50 people use their products.

lmao statists

None of those companies would leave Ireland.

>The entire world economy is depend Megacorporation to function.

Jeez I wonder is who could be behind this post....

That's a lot of leaves.

>EU has the power to force ireland to pay normal market taxes.
Apparenty apple paid less than 1% while ireland usually does 12.5% for other companies.
I assure you, if suddenly my company had to pay 13x times in taxes i would fuck out of a country as fast as i can


Source: money.cnn.com/2016/08/30/technology/apple-tax-eu-us-ireland/index.html

>HOPEFULLY THEIR CORPORATIONS ARE FORCED TO PAY TAXES IN AMERICA INSTEAD OF HIDING IN TAX HAVENS OVERSEAS
will never happen unless you literally ban imports from tax haven countries

They would still be making money though.

In the same way you call the government retarded if they accept the payout and lose income from the companies leaving, the companies would be retarded to leave and lose income.

>And i'm pretty sure the fucking irish finance minister and his blood-sucking lawyers know more than you if doing this is beneficial or not for the country.

A globalists doesn't know shit about what's good for a nation.
You can either be a subservient nation where companies dictate education and your nation (see how that goes for USA where all the shit things like core are a result of corporate education, except it's worse for Ireland since it is FOREIGN companies in this case);
or you can be like Norway and have a self-determined income by having your people produce your own wealth (like the Norwegian stock exchange field where they pretty much rule as a nation).

You don't want a nation dependent on foreign companies, you want a nation where foreign companies know their place while your people are creating wealth on their own terms.
If your country get dependent on foreign countries, you get shit like in the UK where your nation is selling out your people and incarcerating them to regulate an Orwellian Internet in the interest of foreigners.

Both corporatocracy and statism are retarded, you want a balance. Ireland has lost that balance towards corporatocracy.

>Make your hardware with slave labour
>Dodge taxes
>Overcharge for your products
>Be Apple

can i resurrect this venerable meme then?

have an upvote

Reminder that even 0.005% in taxes are still theft.

>tax is servitude
get a load of this edgelord

>Both corporatocracy and statism are retarded, you want a balance. Ireland has lost that balance towards corporatocracy
I agree on that.
Problem with the payout is that, while you get a little boost to invest in local companies, those take years to take off significantly, if at all (small business are very likely to fail relatively soon)
On the long run it might be better and more legal, but people rarely care about shit on the long term.
Apple anyway is on a lose-lose situation, either they pay the payout and spend lots of money to relocate, or deal with the power of the EU and take that 13x tax increase

>>Make your hardware with slave labour
>>Dodge taxes
>>Overcharge for your products
>>Be Microsoft, Google, Asus, Acer etc.
Microsoft, Google, Facebook etc also use your private info to sell ads.

filename

Fuck the Irish. Bunch of subhuman non whites.

Reminder that if, as a company, you use a countries' infrastructure to make money (using their roads, using the people educated by their public education, kept safe with public police, not poisoned by public health regulations on tapwater and such) then you should pay tax to fund those things.
Or you know, leave the fucking country if paying taxes is so disgusting.

More important is that irish people are going to read about their politicians trying to say no to 13 billion potatobux of dodged tax and are not going to be happy.

See

That's not an argument.
If anything, using a country's services to make money and then not paying taxes is theft.
If you went to a restaurant, ordered some food, then resold that food to someone else to make money, and then refused to pay the 'taxes' to the restaurant, that'd be called Apple.

To be fair, Ireland was bending over backwards to let Apple do that, still is.

>food analogies

>Thinking a non white country had any intelligence or spine.

And Apple doesn't?

Would a restaurant that was fine with people who used their services be popular?
It sure as fuck would. Everyone would flock to it as a kind of tax haven. Great for the economy of the restaurant.

Also it's not a food analogy, you could be taking a restaurant's cutlery and it would be the same. Just a restaurant provides goods as a service.

>17 billion
>americans should be happy about this
Even if all of it ended up going to murka that's 6 months worth of our economic aid budget. That's basically rapper style make it rain in the hood so we have people who say they are our friends money. That's like half an hour of freeing the shit out of some sand country. That's enough to fund our what porn is Ahmed watching agencies.

We could take Apple by force and liquidate all their assets and it wouldn't even be enough to pay the interest on the national debt.

Our shit is so fucked I don't think there is any way to unfuck it anymore.

Funny you mention that.
The countries with the highest income tax are the ones with high % of non-white population

Fuck, meant corporate tax.
You get my gist

We should have kept the Irish as slaves

>some phony organization undermining the sovereignty of the government of Ireland is a good thing

>You get 13 billion euros to spend on education,

kek

no you faggot, you get the 13bn to pay back debt to the EU, why do you think the EU is pushing for this?

because Ireland doesn't want thousands of jobs to disappear maybe? the only reason Aplel and other big tech companies are in Ireland is the tax laws.

13bn is not much when you consider the consequences of this ruling

IRELAND
PAY
DEBNTS

You don't have to pay taxes in that case.

they get jobs

so, when is google going to buy apple? 5 years?

>polcucks being retarded as usual

it's not the taxes that matter, when all the tech companies leave ireland, another 10% of the population suddenly becomes unemployed, then you can spend your 13 billion on welfare.

>10%
>and today we employ nearly 6,000 people across Ireland

>Not potatOS

Come on

This. Ireland should fuck all those companies out of their tax breaks asap, and invest the money in real industries that aren't as vacuous as corporate money laundering chutes for America.

Lol this is an example of the typical Berncuck supporter.

Seriously do you honestly believe that this $13bn will at all be used effectively towards improving the country? It will be put towards the debt but only after people like Hillary Clinton and people who support the F-35 get their cut.

People overestimate the the amount of money that taxes from companies could be used to pay off debt. The govts need to stop spending completely for several years before any real progress would be made to getting everyone out of the hole.

If jobs was alive he would nuke Brussels.

They could throw all 13 billion on local businesses but those companies will never ever compete on an international scale or produce as much money as the international corporations do
This is a fact, and it's the entire reason these internationals have such a vicegrip on government decisions and economic policy

>after people like Hillary Clinton and people who support the F-35 get their cut.
Ireland has no military to speak of (the locals loudly disagree with me on this but if you look at their defence plans it essentially consists of begging Britain for help while reminding them that the food they eat comes from Irish farms) and if anything, the US pays Ireland for various spurious reasons. Ireland already spends absurd amounts of money on education, which is free if you ignore the registration fee. Their public health care is based on the British model except it's done better (which isn't hard to do) and the government allocates large grants to start businesses. There are a lot of successful businesses in Ireland but they're still somewhat dependent on these large corporations because together they employ a huge portion of the population. It's the only thing keeping them in the 21st century.

Most of the people in this thread have no idea what they're talking about. This is a far more complex problem than they can understand.

>apple is the only tech company with employees in ireland

>having to pitch in for clean water, roads, police, firemen, military, public health is theft

>he thinks applel will pay the 13 billion

kek

>thousands of jobs to disappear
>"This "head office" was not based in any country and did not have any employees or own premises."
europa.eu/rapid/press-release_IP-16-2923_en.htm

It wouldn't surprise me if Apple, Facebook and Google together have less than 1000 emplyees in Ireland.

Given Apple is sitting on $216 billion in cash, I think they can miss the money too.