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Interestingly, it looks like Tim Cook is directly challenging the 0.005% tax rate claim that the EU commission made: "They just picked a number from I don'
by nodamage 10y ago
Interestingly, it looks like Tim Cook is directly challenging the 0.005% tax rate claim that the EU commission made:
"They just picked a number from I don't know where. In the year that
the Commission says we paid that tax figure, we actually paid $400m.
We believe that makes us the highest taxpayer in Ireland that year."
...
Cook also said the 0.005pc tax rate it is accused of paying the Commission
is a “false number”.
“I have no idea where the number came from. Here is the truth, in that year
we paid $400m to Ireland and that was based on the statutory rate of 12.5pc.”
http://www.independent.ie/business/irish/no-one-did-anything-wrong-here-and-ireland-is-being-picked-on-it-is-total-political-crap-35012145.html http://www.independent.ie/business/irish/no-one-did-anything...
- cobrophy 10y agoI'm suspicious that he's arguing against the tax rate by giving a flat figure rather than an alternative rate he believes is true.
- robmcm 10y ago> we paid $400m to Ireland and that was based on the statutory rate of 12.5pc
- estefan 10y ago> we actually paid $400m. We believe that makes us the highest taxpayer in Ireland that year So fucking what if it's not the figure any other business would have paid based on sales?