Linked by Thom Holwerda on Wed 4th Oct 2017 11:06 UTC
Legal

The European Commission has concluded that Luxembourg granted undue tax benefits to Amazon of around €250 million. This is illegal under EU State aid rules because it allowed Amazon to pay substantially less tax than other businesses. Luxembourg must now recover the illegal aid.

Remember when Tim Cook lied about the EU only going after Apple because Apple is big? Apple's illegal deal with Ireland is just one on a long, long list of illegal deals the EU is cracking down on.

Anyway, speaking of the 13 billion euro Apple stole from EU citizens:

The European Commission has decided to refer Ireland to the European Court of Justice for failing to recover from Apple illegal State aid worth up to €13 billion, as required by a Commission decision.

[...]

Today, more than one year after the Commission's decision, Ireland has still not recovered any of the illegal aid. Furthermore, although Ireland has made progress on the calculation of the exact amount of the illegal aid granted to Apple, it is only planning to conclude this work by March 2018 at the earliest.

The crackdown on these illegal tax deals hopefully only represents the first step in cracking down on the grotesquely questionable conduct of large technology (and other sectors) companies. Backroom deals between governments and powerful corporations so they can effectively avoid paying any taxes while the rest of us do our civic duty by paying our taxes to pay for our schools, roads, hospitals, police, firefighters, and so on are a travesty.

If Apple, Amazon, Google, and others want to make use of the juicy fruits of European welfare states, they better start paying their fair share.

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Apple is following the law
by jonsmirl on Wed 4th Oct 2017 12:01 UTC
jonsmirl
Member since:
2005-07-06

If you want to crack down on someone, crack down on the countries making these deals.

Given that Ireland is not pursuing Apple with much vigor, it appears that Ireland is not unhappy with its deal.

EU government is giving off the aura of a pack of thieves after that ridiculous $2.7B fine against Google. Forget about the profits from that unit, that fine is much larger than the revenue that unit has generated in the last 10 years. Fines should be proportional to the crime committed.

Reply Score: 2

Thom_Holwerda Member since:
2005-06-29

If you want to crack down on someone, crack down on the countries making these deals.


That's exactly what they are doing.

Given that Ireland is not pursuing Apple with much vigor, it appears that Ireland is not unhappy with its deal.


Irrelevant. The tax deal is illegal, and Ireland is not a victim - it's a perpetrator. Collecting the stolen money would basically mean Ireland is declaring itself guilty.

Edited 2017-10-04 12:21 UTC

Reply Parent Score: 5

jonsmirl Member since:
2005-07-06

This article has a broader view. http://www.telegraph.co.uk/news/2017/09/21/european-commission-plan... It addresses how some of the EU member states want to be tax havens and are blocking EU wide tax policy.

Reply Parent Score: 3

sj87 Member since:
2007-12-16

That's exactly what they are doing.

The f--k it is. EU should collect this unpaid tax from Apple and NOT give it to Luxembourg, who orchestrated this tax fraud in the first place, but other EU members instead. Luxembourg now gets both the Apple jobs they 'invested' in and also the tax money they used for bargaining with.

I am thinking they initially wrote these laws like this to allow attempts at tax frauds without a risk of penalty if they got caught doing it. The EU is a fraud.

Edited 2017-10-04 15:17 UTC

Reply Parent Score: -1