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This really is a sad day for European tax payers, for small businesses in Ireland even more so. How do politicians justify such agreements to their voters?
by zwirbl 6y ago
This really is a sad day for European tax payers, for small businesses in Ireland even more so.
How do politicians justify such agreements to their voters?
- nojito 6y agoThe agreement was made in the 80s and it single handedly brought Apple to multiple locations in Ireland instead of other European countries. I believe Apple is one of the largest employers in Cork.
- zwirbl 6y agoIt might be the largest employer in all of Ireland, while still only paying a small fraction of the taxes their workers pay
- disgruntledphd2 6y agoThat's the deal Ireland made as a country. Favourable IP laws and low taxes for jobs. I personally find it ethically wrong, but I have benefited from it my entire life. It's also worth noting that this deal was originally done in 1991, when Apple were not as big as they are now. The deal was renewed in 2007, pre iPhone. The renewal was the real mistake, to be honest.
- splintercell 6y agoThe thing is, you don't magically get a foreign company to just move to your country and start paying taxes for no reason. If Apple is 'stealing taxes' from a country, then it almost definitely not Ireland. It is US. Why would Apple just randomly move to Ireland and start paying taxes there? Why not to Portugal or somewhere else?
- mattmcknight 6y agoBecause without the agreement, they would also have no tax income from Apple, but fewer jobs.