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by darrenoc 2167 days ago
This is a disgraceful verdict for the Irish people. We laid ourselves bare as a tax haven for MegaCorps, and now we're not even seeing the benefits.
7 comments

The law is the law and often times it’s an ass. Disgraceful verdict? No. You just disagree with it. What matters is the laws and regulations are applied in a correct manner. So, was the initial investigation inept? Possibly.

What this does highlight is that the law as it exists is arguably not fit for purpose, which is what many have been saying for a while, and that a reform of tax law across the EU is necessary.

Then you have to wonder why Ireland become increasingly wealthier as more US Multinationals poured in.

People in Europe keep saying these are "brass plate" operations -- however Google, Facebook and Apple all employ absolutely thousands here. US Multinationals are crucial to the Irish economy and tax base.

> We laid ourselves bare as a tax haven

This sort of silly emotionalism gets the conversation nowhere. If you can't write good rules to make companies give you money for efforts mostly done in other countries, what do you expect?

> If you can't write good rules to make companies give you money for efforts mostly done in other countries, what do you expect?

You make it sound like writing such rules is easy. I don't know of any countries thst have succeeded in doing so.

No the European Court found for the Irish Government and dismissed pretty much out of hand the allegations that it had shown favouritism to Apple.

Most of that €13billion would have gone to other countries anyway.

Are you suggesting it is better for Apple to keep it all rather than Ireland have to share with the rest of the EU?
No rules were broken, it seems, so it's moot to talk about whether it would be better going to European Goverments.
Except for thousands of jobs?
What about all the taxes generated from employee salaries, property taxes, VAT, etc?
> we're not even seeing the benefits

Apple employs 6000 people in Cork.