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That initial 'if' is extremely unlikely. There are hundreds of jurisdictions that would love to be persuaded to pass favorable laws.
by sverige 7y ago
That initial 'if' is extremely unlikely. There are hundreds of jurisdictions that would love to be persuaded to pass favorable laws.
- lucideer 7y agoAnd even Ireland still remains one of those jurisdictions: while they were successfully pressured into passing this new general legislation, Ireland have refused to accept Apple's unpaid taxes and are spending millions fighting the EU ruling in court[0] [0] https://www.forbes.com/sites/isabeltogoh/2019/09/16/apple-and-ireland-challenge-eu-over-144-billion-tax-ruling/#57b4ea3e3c2f https://www.forbes.com/sites/isabeltogoh/2019/09/16/apple-an...
- jjoonathan 7y agoYes, but that takes time, and it involves the company trusting their money to a third party that is trustworthy in inverse proportion to how much tax leniency they are willing to grant. "You can't stop us from dodging taxes so don't even try" is what they want us to believe, because if we believe it then they can dodge taxes every year without inconvenience.
- sverige 7y agoDo you think that the accountants at Google, Apple, et al. have failed to foresee this sort of pushback? I personally don't doubt they've been planning alternative tax-avoidance scenarios for years. That would include lobbying other jurisdictions for favorable tax treatment in any rational scenario. To date, they have suffered no serious financial or reputational consequences for tax evasion, so there's no reason to think they won't continue to avoid taxes as part of their overall financial strategy.
- jjoonathan 7y ago> Do you think that (strawman) No, I do not. The correct move is to push harder, not roll over.