LEGO Mindstorms EV3 -
Pretend it's for the kids. We both know better.
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Tuesday, 30 August 2016
quote [ The executive branch of the European Union has found that Ireland granted unfair and illegal tax breaks to the tech giant Apple, and ruled that Apple now owes more than $14.5 billion in back taxes. ]
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Kama-Kiri said @ 1:29pm GMT on 30th August
While the new strategy by the EU now is to go after this as a "unfair incentives", it's actually an obscure loophole in Irish law that Apple is able to exploit for fun and (lots of) profit. It's not like the Irish government gave them special treatment per se., but the EU lawyers feel that this is there best line of attack because what Irland are doing (by not closing the loophole) amounts to that. [Basically Apple are allowed to declare their company "headquarters" to be in Ireland when the building just has maybe a half dozen accountants if that. I doubt Tim Cook has visited even once.]
Kama-Kiri said @ 1:29pm GMT on 30th August
While the new strategy by the EU now is to go after this as a "unfair incentives", it's actually an obscure loophole in Irish law that Apple is able to exploit for fun and (lots of) profit. It's not like the Irish government gave them special treatment per se., but the EU lawyers feel that this is there best line of attack because what Irland are doing (by not closing the loophole) amounts to that. [Basically Apple are allowed to declare their company "headquarters" to be in Ireland when the building just has maybe a half dozen accountants if that. I doubt Tim Cook has visited even once.]
<-- Entry / Current Comment
Kama-Kiri said @ 1:29pm GMT on 30th August [Score:1 Informative]
While the new strategy by the EU now is to go after this as a "unfair incentives", it's actually an obscure loophole in Irish law that Apple is able to exploit for fun and (lots of) profit. It's not like the Irish government gave them special treatment per se., but the EU lawyers feel that this is there best line of attack because what Irland are doing (by not closing the loophole) amounts to that. [Basically Apple are allowed to declare their company "headquarters" to be in Ireland when the building just has maybe a half dozen accountants if that. I doubt Tim Cook has visited even once.]
