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[Reuters] EU demands Apple pay Ireland up to 13 billion euros in tax - Page 3  

post #21 of 36
The main issue here is Small to medium size companies in Ireland pay 12.5%. Is this a low CT rate, yes.

The problem is Apple are paying closer to 2%, which is ridiculous.

The greed to move to a lower CT country is one thing, but to not even pay that due to shenanigans by the bent politicians is another.
post #22 of 36
Quote:
Originally Posted by rluker5 View Post

So if Ireland weren't in the EU this wouldn't be a problem? thinking.gif
EU asks for extra money all the time usually without clarification of why we need to pay more.

Not too long ago we needed to pay an additional sum of 0.6 billion because we made more money than anticipated even though we are already paying the most per capita. I however don't think the EU will last as the next big crisis is looming just over the horizon. The massive quantitative easing the IMF has been doing and will be stepping up further to counter all the bad loans is going to cause inflation.
Massive inflation due to those Draghi guided IMF idiots with approval of the EU printing money.

The big short redface.gif
Edited by maarten12100 - 8/30/16 at 8:57am
post #23 of 36
Quote:
Originally Posted by maarten12100 View Post

EU asks for extra money all the time usually without clarification of why we need to pay more.

Not too long ago we needed to pay an additional sum of 0.6 billion because we made more money than anticipated even though we are already paying the most per capita. I however don't think the EU will last as the next big crisis is looming just over the horizon. The massive quantitative easing the IMF has been doing and will be stepping up further to counter all the bad loans is going to cause inflation.
Massive inflation due to those Draghi guided IMF idiots with approval of the EU printing money.

The big short redface.gif

No way man, everything is awesome. Super Mario will save us all!
post #24 of 36
The actions taken by Ireland ,as far as corporate taxes, emulate what countries that do not really "produce" anything (I used the term useless ) . Just for all the moderators and readers, I never said what you are implying I said, I don't believe Ireland is a small useless country, I never have and I probably never will.

What I said was the economic actions are pratically identical to what a lot of tax heavens do. Once again, maybe for the third or fourth time, I'd like to apologize to anyone I might have offended by them inferring things I never said or thought.

Edited: On that note I can see I've failed to further the discussion with my opinion on the matter and instead turned it into some kind brawl with the Irish, that was never my intention and I'll stop posting on this thread. Sorry again.
post #25 of 36
Quote:
Originally Posted by Jupitel View Post

That's not exactly correct but even it was, we have no control over they redistribute the pain, what we do have control over is the level of taxation which should be consistent with the laws. Are you suggesting we stop asking for corporate taxes altogether? I mean according to your logic those taxes are just passed on to the dumb consumer anyway right?

If consumers are all rational about taxes and think this through, then the best way to collect taxes is collect all at the individual level(income & property taxes).

Since we live with people that mainly judge taxation based on their irrational "feelings" and incorrect perceptions of "fairness", we have to live with corporate taxes which create artificially high price(that are not at equilibrium) & dead weight loss that benefit nobody and are actually paid by the consumer themselves.

Governments obviously loves this as the corporations takes all the blame (higher prices or "tax loopholes") while consumer pays the bills.
Edited by sherlock - 8/30/16 at 10:04am
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post #26 of 36
Quote:
Originally Posted by Serios View Post

You are accusing the entire country when individual citizens didn't make these decisions.

What? What an absurd statement/argument. Yes, he is personally accusing you of creating a tax haven for Apple. Shame rolleyes.gif

You do realize that talking about something a country does or has done doesn't mean all citizens were instrumental in that action right?
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post #27 of 36
Quote:
Originally Posted by Zero4549 View Post

Apple can't tax me for products I don't buy. If dumb people want to pay Apple's tax for them, that's fine by me.

Corporate tax apply to all for profit companies, as long as you buy product from any company(and Apple is far from the only one doing these type of tax evasion tricks) and they get caught like Apple, it is you that will be on the hook for the extra taxes through price hikes, enjoy rolleyes.gif .

It would be far cheaper for you to pay the taxes yourself than company pay with your money through price hikes(this increases price from equilibrium and create dead weight loss). But since people don't think 2 steps ahead on matter like this we have government both getting tax income & inflating prices(thus increase sales tax/VAT income), while the companies take all the blame and the consumers in the end paying more "taxes" than they should.
Edited by sherlock - 8/30/16 at 10:13am
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post #28 of 36
Quote:
Originally Posted by Newbie2009 View Post

No way man, everything is awesome. Super Mario will save us all!
Mario is obviously in on it we know for a fact that he has been punching coins out of rocks for decades. biggrin.gif
post #29 of 36
Protectionism? That's what governments are for to protect the local markets from exploitation by overseas corporations.
All in all these big corporations worldwide pay nearly no taxes while smaller regular companies have to pay taxes just like consumers do. Yet, corporations evade and refuse to pay huge sums of taxes because the sums are so big and hard to go after when they use all possible gray and black tactics to evade paying taxes anywhere.

I say they gotta pay just like everyone else, small local company or a large international corporation, they gotta pay. Their social responsibility is pathetic.
post #30 of 36
Quote:
Originally Posted by sherlock View Post

Corporate tax apply to all for profit companies, as long as you buy product from any company(and Apple is far from the only one doing these type of tax evasion tricks) and they get caught like Apple, it is you that will be on the hook for the extra taxes through price hikes, enjoy rolleyes.gif .

It would be far cheaper for you to pay the taxes yourself than company pay with your money through price hikes(this increases price from equilibrium and create dead weight loss). But since people don't think 2 steps ahead on matter like this we have government both getting tax income & inflating prices(thus increase sales tax/VAT income), while the companies take all the blame and the consumers in the end paying more "taxes" than they should.

There you go assuming I buy many products from large companies. Computer parts and media are about the only things I buy that this applies to.

Furthermore, companies do not charge consumers based on the cost of manufacture and distribution, but rather on market demand. Raise taxes on the video game industry 50%, and video game will still sell for 60 bucks a piece (before add-ons) because that is what consumers are willing to pay for video games. Drop those taxes entirely, and the games will still sell for 60 bucks each.

Ultimately, yes, consumers do end up paying corporations' taxes, but not uniformly and proportionally across the board as you imply. The vast majority of these passed on expenses are paid by those who willingly choose to throw away their money or are too ignorant to understand their own shopping habits.

So again, if dumb people want to pay for Apple's taxes, let them.
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