About time!

[TIMON]

I think this must be the first decent EU decision I have heard about.

 

It's about time big corporations were made to pay their wack.

 

Apple 'should repay Ireland 13bn euros'

Apple 'should repay Ireland 13bn euros' - BBC News

[Mike Dempsey]

And the repercussions from the yanks will be more British and European companies will be 'invited to fill Washington's coffers' again. Lets hope the next ones up are Amazon and Starbucks!

[richy_B]

Imagine that tax bill landing on your door mat!

[Richard 1234]

Who thinks it will ever get paid?

[Gary Prentice]

Imagine that tax bill landing on your door mat!

 

Be nice if you'd made the sort of profit to warrant that size bill!

[richy_B]

Be nice if you'd made the sort of profit to warrant that size bill!

Indeed! I wonder if they'd accept my offer to repay £18 a week....

[richy_B]

Who thinks it will ever get paid?

No chance. They'll pay a portion to allow the government's to save face. A few billion but nowhere near the full amount. They huge companies have to much power. They can simply say they will pull their offices/tax centres from the country (ies) involved. Apple employs over 100k people and have a million odd supplier jobs attributed to their operations. There will be plenty of countries who will cut them a deal so they have options.

[Richard 1234]

No chance. They'll pay a portion to allow the government's to save face. A few billion but nowhere near the full amount. They huge companies have to much power. They can simply say they will pull their offices/tax centres from the country (ies) involved. Apple employs over 100k people and have a million odd supplier jobs attributed to their operations. There will be plenty of countries who will cut them a deal so they have options.

 

 

I agree I think they will pay some of it in about 10 years time

[Gary Prentice]

Indeed! I wonder if they'd accept my offer to repay £18 a week....

 

Think you have to get two letters of refusal from a bank or building society, then the inland revenue give you an interest free loan to pay what you owe them.

 

If your circumstances mean you can only afford £18.00 pcm, well I don't know:biggrin:

[richy_B]

What I find crazy is how the powers that be allow it to get to this stage. I appreciate there are a lot of complexities to it but surely when it gets to a point that someone might owe you a billion euro then you start to seriously look at it. When they owe you 3 billion euro you maybe you put a team on.

 

I don't blame Apple in this scenario. They do what businesses do, maximise profit. Ethical, moral, decent - all a matter of perspective. Who I blame is the tax authorities for not doing their jobs properly. Closing down loop holes quicker updating rules and regulations and monitoring large companies. They are sh*t hot on issuing us small business and self employed with £100 fines if you are a day late filing your returns but will allow billions to to be lost from big players.