Paul Krugman weighs in on the Apple tax debate

I don't care what that little statist twerp thinks. I did not read the article, but would guess he is fully behind the EU and their effort to tax the shit out of Apple. Am I wrong?
 
The artifcial tax havens are diminishing in number. There's been talk of the UK trying that route as a way to finance Brexit but the EU isn't going allow that.
 
Something of the order of €13 billion most certainly is.

Podcast: O'Toole on our unwanted €13bn
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We should collect Apple’s €13 billion and change Ireland
 
Europe's Competition Directorate commands the shock troops of the EU power structure. Ensconced in its fortress at Place Madou, it can dispatch swat teams on corporate dawn raids across Europe without a search warrant.

It operates outside the normal judicial control that we take for granted in a developed democracy. The US Justice Department could never dream of acting in such a fashion.


Apple travesty is a reminder why Britain must leave the lawless EU
 
Apple nets $50B/yr. +/-
....and?

Really! Apple netted over $200B in the time they pulled the Ireland game, and they're ONLY getting popped for lunch money.

The biggest rip-off that Apple plays on the American taxpayer is buying foreign goods, importing the goods using taxpayer services, then deducting the cost of which they paid NO taxes.

...and?

How is it a "rip off" when they deliver their products?

The rip off is paying that money to a government that can't account for $6.5B at State
 
Apple nets $50B/yr. +/-
....and?

Really! Apple netted over $200B in the time they pulled the Ireland game, and they're ONLY getting popped for lunch money.

The biggest rip-off that Apple plays on the American taxpayer is buying foreign goods, importing the goods using taxpayer services, then deducting the cost of which they paid NO taxes.

...and?

How is it a "rip off" when they deliver their products?

The rip off is paying that money to a government that can't account for $6.5B at State

I'll go slow for you. Buy foreign goods.......import the goods using taxpayer services......then deduct the cost of which they paid NO taxes.
 
Apple nets $50B/yr. +/-
....and?

Really! Apple netted over $200B in the time they pulled the Ireland game, and they're ONLY getting popped for lunch money.

The biggest rip-off that Apple plays on the American taxpayer is buying foreign goods, importing the goods using taxpayer services, then deducting the cost of which they paid NO taxes.

...and?

How is it a "rip off" when they deliver their products?

The rip off is paying that money to a government that can't account for $6.5B at State

I'll go slow for you. Buy foreign goods.......import the goods using taxpayer services......then deduct the cost of which they paid NO taxes.

WTF is a "Taxpayer Service"?
 
EDITORIALS

EU bureaucracy a bad Irish joke
The Apple company snared an extraordinarily good deal when it set up shop in Dublin. It was able to take advantage of the Irish government’s generous tax laws by processing the paperwork for its European sales there rather than where its products were actually sold. For years Apple paid less than 1 per cent tax on profits, compared with the standard Irish company tax rate of 12.5 per cent (less than half Australia’s 30 per cent).

That was the arrangement between Apple and the democratically elected government of a sovereign nation that had suffered greatly from the global financial crisis and was desperately seeking investors to create jobs. The deal, however, was too much for Big Brother at EU headquarters in Brussels, where unelected bureaucrats deemed the arrangement illegal. Their arbitrary, high-handed attitude was what influenced the British to vote for Brexit.

Brussels is demanding that Apple pay Dublin $19 billion in what it claims are unpaid taxes, plus interest. Such a windfall would cover Ireland’s annual health bill. But the Irish government is kicking back, alarmed that EU meddling could harm its comparative advantage with investors. Announcing an appeal against the diktat, Finance Minister Michael Noonan denounced “the encroachment of EU … rules into the sovereign member state competence of taxation”. Apple chief executive Tim Cook said the EU’s action would have “a profound and harmful effect on investment and job creation in Europe”. Amid the furore, Turkey, a non-EU member, invited Apple to shift its 6000 Irish jobs there, with the promise of even more generous tax arrangements.

The Irish deal with Apple showed the need for the international community to close cross-border tax loopholes to ensure taxes are paid where goods are sold.

Essential freedom sacrificed
MAURICE NEWMAN
Dastyari must pass the sniff test
The OECD calculates that $US240bn ($318bn) of corporate tax revenue is lost to international profit-sharing each year. But that does not excuse Brussels for riding roughshod over the tax policy of a sovereign nation. No wonder social media has lit up with talk of an “Irexit”.
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http://www.theaustralian.com.au/opi...e/news-story/e01fdbff7848b5007cdf84a394efbccb
 
Apple Tax: A Watershed Moment For Ireland

As the dust settles on the EU's historic tax decision, it's becoming clear that the move threatens our economic model, our international reputation and the stability of our current Government.

It's not just a thorny technical and political issue to be thrashed out, says Fintan O'Toole - it's an important moment in modern Irish history.

Political Correspondent Harry McGee says the Dáil should be recalled to debate the issue before Cabinet makes a decision on whether to appeal - but doesn't think it likely.

Defending any decision to appeal, Fianna Fáil TD James Lawless calls the ruling an "EU power grab" that must be resisted, especially now that the U.K., traditionally our friend in such matters, has left the building.

Subscribe to Inside Politics on iTunes. You can also find our podcasts at www.irishtimes.com/podcasts or on The Irish Times app.
 
Apple Tax: A Watershed Moment For Ireland

As the dust settles on the EU's historic tax decision, it's becoming clear that the move threatens our economic model, our international reputation and the stability of our current Government.

It's not just a thorny technical and political issue to be thrashed out, says Fintan O'Toole - it's an important moment in modern Irish history.

Political Correspondent Harry McGee says the Dáil should be recalled to debate the issue before Cabinet makes a decision on whether to appeal - but doesn't think it likely.

Defending any decision to appeal, Fianna Fáil TD James Lawless calls the ruling an "EU power grab" that must be resisted, especially now that the U.K., traditionally our friend in such matters, has left the building.

Subscribe to Inside Politics on iTunes. You can also find our podcasts at www.irishtimes.com/podcasts or on The Irish Times app.


This is a very interesting discussion on the Apple tax issue from an Irish prospective. It also explains the history of Ireland's economic policies.
 
Apple Tax: A Watershed Moment For Ireland

As the dust settles on the EU's historic tax decision, it's becoming clear that the move threatens our economic model, our international reputation and the stability of our current Government.

It's not just a thorny technical and political issue to be thrashed out, says Fintan O'Toole - it's an important moment in modern Irish history.

Political Correspondent Harry McGee says the Dáil should be recalled to debate the issue before Cabinet makes a decision on whether to appeal - but doesn't think it likely.

Defending any decision to appeal, Fianna Fáil TD James Lawless calls the ruling an "EU power grab" that must be resisted, especially now that the U.K., traditionally our friend in such matters, has left the building.

Subscribe to Inside Politics on iTunes. You can also find our podcasts at www.irishtimes.com/podcasts or on The Irish Times app.


This is a very interesting discussion on the Apple tax issue from an Irish prospective. It also explains the history of Ireland's economic policies.
Big centralized government run by a very small elite (such as the assholes in Brussels), very much dislike anyone or any nation (Ireland in this case) doing anything that is an affront to their power.

If the EU gets away with this, it will not only be detrimental to Ireland, but to all of Europe.
 

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