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Ireland's unwanted 13 billion Euro windfall, can we help?


Max Power

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Ireland is about to receive a huge corporation tax windfall as the EU has deemed its favourable treatment of Apple to be illegal, and wants tax paid at a rate they dictate! Ireland does not want this payment, as it threatens its position as a good place to do business. 

Is there anything that we can do to assist poor old Apple do you think?

 

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8 hours ago, Happier diner said:

Great bit of local news 🤣

It could be if we managed to attract Apple to our shores, but I guess that sounds like too much bother, and we would be out gunned in negotiations anyway!

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58 minutes ago, Steve_Christian said:

Surely they fall under the mandatory tax of multinational enterprises at 15% regardless of where they are based (which both the IOM and Ireland have signed up to)?  They need to go to Kenya, Sri Lanka, Pakistan or Nigeria - as they haven’t signed up. 

They would still need to pay the tax to someone, there's no benefit in not signing up.

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