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The risk with Apple calling the EU's "bluff" is that the EU may then to seek to break Apple apart into hardware and software divisions, and Apple will have hand
by gamblor956 2y ago
The risk with Apple calling the EU's "bluff" is that the EU may then to seek to break Apple apart into hardware and software divisions, and Apple will have handed the EU the ammunition they need to guarantee it happens.
- gigatexal 2y agoHow? If Apple left the EU entirely, closed all stores, shut down all EU operations, what jurisdiction would the EU have?
- gamblor956 2y agoIf Apple actually did that, then none. But Apple's corporate tax structure requires them to be in the EU. It's not just the loss of EU revenues at stake; Apple would owe hundreds of billions more in taxes each year as a result of this "simple" suggestion.
- gigatexal 2y agotheir irish tax shelter thing maybe they move it to the UK not part of the EU and then that fixes things?>