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Don’t really get people who defend mega corporations. They played the game and they lost. They should’ve known that the rules can change, especially if someone

Don’t really get people who defend mega corporations. They played the game and they lost. They should’ve known that the rules can change, especially if someone is cheating or gaming the system.

stingrae 8y ago
Where is the evidence that they were cheating the system. Ireland created tax laws, to incentivize companies to come. The European commission comes in and decides that Ireland needs to revert laws that have been on the books for years and collect back taxes on it. This is absurd. How can a company plan for all the potential laws that Europe could reverse. Luckily in Apple's case, they have the funds to pay.
- frgtpsswrdlame 8y ago
  >Ireland created tax laws, to incentivize companies to come. That makes it seem like the EU decided Ireland's corporate tax rates were too low but that's not what happened here. Ireland gave specific tax considerations to Apple that it didn't give other companies which is illegal in the EU. This is just forcing Apple to compete on a level (tax) playing field with other corporations.
- pm90 8y ago
  > How can a company plan for all the potential laws that Europe could reverse. Luckily in Apple's case, they have the funds to pay. They can't. The world is uncertain. Sovereign Nations legally have the power to do anything they fucking want in the regions they govern (they might be restricted by their own laws and constitution, but it is an internal one). In this case, it appears that Apple abused certain Irish tax laws to an extreme degree. The EU is well within its rights to punish Apple for doing so.
  - deleted 8y ago
    [deleted]
- tooltalk 8y ago
  appealing to/pleading ignorance doesn't sound like a good excuse for a mega multinational company that employs a legion of tax lawyers and accountants. As previous commenters noted, Apple tried to game the system, but lost. Now, it's time to pay up.
- mickronome 8y ago
  Eeasy, given the politics and history of the region in question, anyone in the relevant positions knew Ireland tax break was a long term risk, but worth it short term. Chasing tax breaks is always a gamble.
- handelaar 8y ago
  No. Corporation Tax in Ireland is 12.5%. Europe is insisting only that Ireland actually collects it. If, as alleged, someone in Fianna Fail made a deal with Apple thirty years ago to charge it, and it alone, a different rate? It's not on the statute book, the power to do that is not included in law, and therefore it's Not A Thing. Oh, and also someone committed a serious crime, but it's Ireland and they'll never be prosecuted.
gwright 8y ago
Because it isn't about defending "mega corporations" it is about the general principle that the legal interpretations (or new legislation/regulations) shouldn't be applied retroactively. It is one thing to change the interpretation and use that going forward. Completely different to change the interpretation and apply it retroactively.

Don’t really get people who defend mega corporations. They played the game and they lost. They should’ve known that the rules can change, especially if someone is cheating or gaming the system.

stingrae 8y ago

Where is the evidence that they were cheating the system. Ireland created tax laws, to incentivize companies to come. The European commission comes in and decides that Ireland needs to revert laws that have been on the books for years and collect back taxes on it. This is absurd. How can a company plan for all the potential laws that Europe could reverse. Luckily in Apple's case, they have the funds to pay.

frgtpsswrdlame 8y ago
>Ireland created tax laws, to incentivize companies to come. That makes it seem like the EU decided Ireland's corporate tax rates were too low but that's not what happened here. Ireland gave specific tax considerations to Apple that it didn't give other companies which is illegal in the EU. This is just forcing Apple to compete on a level (tax) playing field with other corporations.
pm90 8y ago
> How can a company plan for all the potential laws that Europe could reverse. Luckily in Apple's case, they have the funds to pay. They can't. The world is uncertain. Sovereign Nations legally have the power to do anything they fucking want in the regions they govern (they might be restricted by their own laws and constitution, but it is an internal one). In this case, it appears that Apple abused certain Irish tax laws to an extreme degree. The EU is well within its rights to punish Apple for doing so.
- deleted 8y ago
  [deleted]
tooltalk 8y ago
appealing to/pleading ignorance doesn't sound like a good excuse for a mega multinational company that employs a legion of tax lawyers and accountants. As previous commenters noted, Apple tried to game the system, but lost. Now, it's time to pay up.
mickronome 8y ago
Eeasy, given the politics and history of the region in question, anyone in the relevant positions knew Ireland tax break was a long term risk, but worth it short term. Chasing tax breaks is always a gamble.
handelaar 8y ago
No. Corporation Tax in Ireland is 12.5%. Europe is insisting only that Ireland actually collects it. If, as alleged, someone in Fianna Fail made a deal with Apple thirty years ago to charge it, and it alone, a different rate? It's not on the statute book, the power to do that is not included in law, and therefore it's Not A Thing. Oh, and also someone committed a serious crime, but it's Ireland and they'll never be prosecuted.

gwright 8y ago

Because it isn't about defending "mega corporations" it is about the general principle that the legal interpretations (or new legislation/regulations) shouldn't be applied retroactively. It is one thing to change the interpretation and use that going forward. Completely different to change the interpretation and apply it retroactively.