astaunton

7 ms·

1. 31.▲
   by astaunton 8y ago

   It will be interesting to see how this plays out. Approx 70% of American bonds are owned by Chinese companies. So if America puts the squeeze on the Chinese, they may cash in their bonds....since Mr. Trump feels he needs to upset Asia (maki
2. 32.▲
   by astaunton 10y ago

   Irish corporate tax rate is 13.5% and has been since 1980's and was set to try and encourage business to come to Ireland and to get the country out of a recession.
3. 33.▲
   by astaunton 10y ago

   In standard terms, from discussing this with several tax accountants in Ireland, the issue lies in Ireland applied 13.5% tax on a certain percentage of the profits, those declared in Ireland at the time, but did not apply it to all the prof
4. 34.▲
   by astaunton 10y ago

   It seems a lot of people think this ruling has something to do with 1) the "double irish" which is doees not or 2) Irelands 12.5% corporate tax, which it doesnt either. The ruling, as far as the EU are concerned, is that Ireland g
5. 35.▲
   by astaunton 10y ago

   The issue is not that Apple did not pay tax, nor is it Ireland giving Apple a good deal. Ireland charged tax based on reported earnings in Ireland, not world wide, for a child company of Apple that says it is based in Ireland but has revenu