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You have to hand it to the Irish. As a plan to collect more tax in the long term, offering (effectively) tax free status by not enforcing "Double Irish w/ Dutch
by dosycorp 8y ago
You have to hand it to the Irish. As a plan to collect more tax in the long term, offering (effectively) tax free status by not enforcing "Double Irish w/ Dutch Sandwich", to attract big players, letting them dig themselves into tax-debt holes for a few years while letting them feel they will get off scott-free, then enforcing it and securing a deal to get back-taxes paid, is pretty genius. Very stable genius to help rebuild their economy that was pretty crushed after 2008.
- neilc 8y agoIreland is not "enforcing" anything; the European Commission are the party that ruled that Apple received unfair tax treatment. Both Apple and the Irish government are appealing that ruling. https://www.reuters.com/article/us-eu-apple-taxavoidance/ireland-expects-apple-eu-tax-appeal-to-be-heard-in-autumn-idUSKBN1HV1OT https://www.reuters.com/article/us-eu-apple-taxavoidance/ire...
- dosycorp 8y agoYeah, sure. That was a condition by IE of the EU bringing this ruling. "You have to make us look culpable as well, it's just better for business." You really don't think that's how it works? You're too naive!
- TazeTSchnitzel 8y agoIt's not Ireland trying to make Apple pay back-taxes! The European Commission is forcing Ireland to charge Apple them.
- dosycorp 8y agoCome on. IE is not double dealing to the EU for a bit of kick back somehow? Of course they are. That EU is "forcing" them is hilarious. IE loves to play a fake victim if they can, and in this case, all the better to be open for business. "Oh, EU, please stop getting me to get Apple to pay me taxes. Please stop making me collect revenue." Said no state ever. But believe their fake victim tale if you want. The Irish are clearly too clever for you!
- jamesblonde 8y agoActually, the revenue won't end up in ireland. All member states will send a bill to ireland, and ireland will split up the money to them (based on Apple's relative sales around Europe).
- dosycorp 8y agoThat is interesting. There has to be a way that IE gets a significant cut from the Apple money tho. I'd be very surprised if there wasn't. That or in future the recompensated EU members agree to invest more in IE.
- rbanffy 8y agoI assume Apple sells a lot here - the tech community, at least in Dublin, is enormous and Apple seems to be extremely popular among geeks, which, it seems, are a sizeable part of the overall population.
- jamesblonde 8y agoThe EU has rules. What govt would invest in ireland? How - what instrument of govt? That's not going to happen. The commission will issue a ruling on the destination of the revenue and that will be that.
- dosycorp 8y agoEU members companies. Come on about rules tho, man. History is messy. People are stupid and evil ( as well as good, obviously ). We live in an age where we have a great pretence of goodness, but really our nature is the same. I'm sure there a lot of double dealing happening behind the veneer of rules. And I think you're naive/uneducated in history if you think not.
- pjc50 8y agoWhere's that in the ruling?
- 8y ago
- Letmesleep69 8y agoThis comment really demonstrates a lack of knowledge and understanding of the situation. Not to HN standards.
- dosycorp 8y agoProbably. What do I know. Not an expert.
- paublyrne 8y agoThat's not at all what's happening here.