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funny thing to say since the US Treasury is criticizing the EU over this abuse of tax law The US and Ireland both signed off on the arrangement that apple and
by cloudjacker 10y ago
funny thing to say since the US Treasury is criticizing the EU over this abuse of tax law
The US and Ireland both signed off on the arrangement that apple and other companies use to avoid tax.
Now, a government that didn't exist at the time, is using new case law it has created, to retroactively change the tax laws of the governments underneath it.
Think of it as Europe's Marbury v Madison moment
- icebraining 10y agoIt's not the EU's fault if Ireland signed incompatible treaties.
- rtkwe 10y ago> Now, a government that didn't exist at the time, is using new case law it has created, to retroactively change the tax laws of the governments underneath it. It's kind of tricky because though the EU as it is today is relatively new Ireland joined the European Economic Community which essentially became the EU. Also whenever that rule came into effect the special rules Ireland gave Apple should have been reevaluated and removed. They've always been against the state aid rule it's just not been tried until now. As for "changing the tax laws of governments underneath it" that's part of being in the EU you give up parts of your national sovereignty in a number of areas for the benefits of being in the open market.
- rtkwe 10y ago> Ireland joined the European Economic Community which essentially became the EU Forgot to finish this sentence: "Ireland joined the European Economic Community which essentially became the EU back in 1973"