Comment on Apple told to pay back €13bn in tax by EU

Quicky@lemmy.world ⁨1⁩ ⁨week⁩ ago

• jagermo@feddit.org ⁨1⁩ ⁨week⁩ ago

  Because its main export was/is being a tax haven inside the EU.

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  • ricdeh@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Yep. They tried desperately to build up an IT economy and therefore wanted to appease all the tech companies.

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  • Quicky@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Yeah I get that, and that’ll be because of the long term financial benefits of enticing the companies there. But still…€13bn is a mad figure.

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    • CluckN@lemmy.world ⁨1⁩ ⁨week⁩ ago

      With 13 billion I could easily bribe every politician in the world to eradicate daylight savings.

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      • captainastronaut@seattlelunarsociety.org ⁨1⁩ ⁨week⁩ ago

        Finally! Someone who’s working on the issues I actually care about!

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      • magikmw@lemm.ee ⁨1⁩ ⁨week⁩ ago

        Ok but can we keep it on the summer time? I like later sunsets.

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  • lobut@lemmy.ca ⁨1⁩ ⁨week⁩ ago

    But like, what financial benefits do they get from this? Like the country itself. I’m really bad in this area. Like, do they buy property or set up a thin business? Does that pull in enough?

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    • jagermo@feddit.org ⁨1⁩ ⁨week⁩ ago

      As i see it, not an expert:

      Basically, the plan goes back to the early 2000s. Irland did not have much tech industry and positioned itself as an English speaking country cheaper and more friendly than the UK, giving mostly US companies an easy place to enhance their EU business.

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• turkalino@lemmy.yachts ⁨1⁩ ⁨week⁩ ago

  Definitely, but maintaining their status as a tax haven is more important I guess

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