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They have 231 billion cash on hand. So not really a big deal for them to pay a small fraction of that as taxes, as they should have done and therefore should no

by devoply 10y ago

They have 231 billion cash on hand. So not really a big deal for them to pay a small fraction of that as taxes, as they should have done and therefore should not have this much cash on hand.

zip1234 10y ago
I can't tell if you are sarcastic. Just because they have money doesn't mean they need to give it away. I'll bet Apple will spend it in a more productive way than any EU government would.
- richardwhiuk 10y ago
  Productive for whom? For the benefit of EU taxpayers? Seems unlikely.
- pluma 10y ago
  Clearly corporations shouldn't have to pay taxes. The money they spend already fosters the economy so they're already at least as good as any government. /s
  - deleted 10y ago
    [deleted]
  - zip1234 10y ago
    I'm not saying that they shouldn't have to pay taxes. I'm saying they should have to pay what is required by law in the jurisdiction that they are in. The EU going after them as a special case because they have a lot of money doesn't help anything. The EU should focus on fixing the source of the issue, which is the concept of a tax haven within the EU. Going after Apple doesn't fix the root cause.
    - pluma 10y ago
      If they didn't have a lot of money, they wouldn't have been in this situation and there wouldn't be anything to go after. As an EU member country, this is EU jurisdiction. The root issue was that they made a deal with Ireland that is invalid under EU law. That was fixed. With apologies to Office Space: They didn't punish Apple, they just fixed a glitch.
    - Oletros 10y ago
      > The EU should focus on fixing the source of the issue, which is the concept of a tax haven within the EU. The case has nothing to do with Ireland having low tax rates. And Double Irish has been closed
- matt4077 10y ago
  Wow, you're going at this from completely opposite sides, but in almost identical superficiality :) The EU is pretty damn efficient, by the way. Mostly because it's one of the few governments that doesn't derive its impact from the power to tax & spend. But the money wouldn't even go to the EU. It goes to it's rightful owner: Ireland.

by devoply 10y ago

They have 231 billion cash on hand. So not really a big deal for them to pay a small fraction of that as taxes, as they should have done and therefore should not have this much cash on hand.

zip1234 10y ago

I can't tell if you are sarcastic. Just because they have money doesn't mean they need to give it away. I'll bet Apple will spend it in a more productive way than any EU government would.

richardwhiuk 10y ago
Productive for whom? For the benefit of EU taxpayers? Seems unlikely.
pluma 10y ago
Clearly corporations shouldn't have to pay taxes. The money they spend already fosters the economy so they're already at least as good as any government. /s
- deleted 10y ago
  [deleted]
- zip1234 10y ago
  I'm not saying that they shouldn't have to pay taxes. I'm saying they should have to pay what is required by law in the jurisdiction that they are in. The EU going after them as a special case because they have a lot of money doesn't help anything. The EU should focus on fixing the source of the issue, which is the concept of a tax haven within the EU. Going after Apple doesn't fix the root cause.
  - pluma 10y ago
    If they didn't have a lot of money, they wouldn't have been in this situation and there wouldn't be anything to go after. As an EU member country, this is EU jurisdiction. The root issue was that they made a deal with Ireland that is invalid under EU law. That was fixed. With apologies to Office Space: They didn't punish Apple, they just fixed a glitch.
  - Oletros 10y ago
    > The EU should focus on fixing the source of the issue, which is the concept of a tax haven within the EU. The case has nothing to do with Ireland having low tax rates. And Double Irish has been closed
matt4077 10y ago
Wow, you're going at this from completely opposite sides, but in almost identical superficiality :) The EU is pretty damn efficient, by the way. Mostly because it's one of the few governments that doesn't derive its impact from the power to tax & spend. But the money wouldn't even go to the EU. It goes to it's rightful owner: Ireland.