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ranbotrader
Member since May 2012
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>Apple Tax Grab by EU Invades IRS Airspace - John Browne - Euro Pacific Capital
This article defies belief.
1. "The aggressive stance of the Commission set off a furor of high level political argument" - politicians the world over are owned and controlled by the big end of town so why would they not be unhappy when multinationals are asked to pay tax.
2. "tax grab" - really??? Citizens are forced to pay tax so what is different for multinationals.
I am waiting to hear the old chestnut about big business 'providing jobs'. This is routinely rolled out to justify why wealthy individuals and corporation should not have to pay taxes. What is never disclosed is that these entities do not run their businesses as a charity and they are in it for the profit. If they could run their enterprises with robots and not employ a single human being then THEY WOULD. Create jobs? Yeah right. More like 'need slaves'.
I find this article outright offensive and the author must almost certainly be the next paid stooge from the big end of town. I suggest he get a job in politics where he may be more suited to wearing the King's New Clothes.


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Beginning of the headline :On August 30th, the European Union (EU) Commission ordered the Irish government to reclaim some $14.6 billion of so-called back taxes plus interest from Apple Inc. The order challenged sovereign tax authority within the EU and well-established international tax rules. The aggressive stance of the Commission set off a furor of high level political argument among taxing authorities and multinational companies accustomed to complex but legal international tax planning. Apple's case was big enough t... Read More
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