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On the latter, isn't that how the EU is supposed to work? I can base my company in an EU country of my choice and not have to pay income taxes for sales in the
by ryanwaggoner 11y ago
On the latter, isn't that how the EU is supposed to work? I can base my company in an EU country of my choice and not have to pay income taxes for sales in the other EU countries?
Similar to basing a company in a US state without corporate income tax, and not owing income tax on sales made in other states. Though the difference is that Federal taxes in the US are much larger than state taxes, while there isn't a broad EU corporate income tax, is there?
- Marazan 11y agoNo, the point is not that European sales are taxed in Ireland, it is that they are not taxed at all.This is special treatment Apple got by cutting a deal with the Irish authorities
- ryanwaggoner 11y agoActually, I don't get the feeling that a single person in this discussion is upset on behalf of Ireland's tax revenues. Why shouldn't a sovereign nation get to decide that they'd rather have Apple HQ there for other reasons and forego some or all of the tax revenue? Tax incentives to lure businesses are common and reasonable.
- Marazan 11y agoBecause their actions are neither fair to other businesses ( Apple's tax emeption was an individually negotiated deal) nor other EU countries as the income is not taxed at all.