Money matters

Any expat related issue or comment.

Moderators: Sometimewoodworker, MGV12, BKKBILL

Re: Money matters

Postby MGV12 » Thu Aug 04, 2016 5:50 pm

Pension Justice - International Consortium of British Pensioners


“Some days I am an optimistic pessimist ... other days I am a pessimistic optimist”
User avatar
MGV12
 
Posts: 5350
Joined: Wed Jan 23, 2008 4:23 pm
Location: Chiang Mai

Re: Money matters

Postby MGV12 » Wed Aug 31, 2016 6:08 pm

If Ireland lose this appeal it will make a lot of other corporations somewhat nervous ... maybe the EC do serve [at least one] useful purpose: :roll:

Irish cabinet considers appealing against Apple tax ruling

The Republic of Ireland's Cabinet is meeting to discuss the European Commission's decision that Ireland granted undue tax benefits of up to €13bn (£11bn) to Apple.
Finance Minister Michael Noonan has said the Irish Government will appeal against the ruling.
The Irish Government has said it "disagrees profoundly with the commission's analysis".
"Ireland did not give favourable tax treatment to Apple," it added.
"Ireland does not do deals with taxpayers. No fine or penalty has been levied against the Irish State.
"This decision has no effect on the 12.5% rate of corporation tax and is not about Ireland's wider corporation tax regime."
Office 'existed on paper'?
The European Commission said Ireland's tax rulings had allowed Apple to pay substantially less tax than other businesses.
The Irish system had allowed profits to be attributed to a head office that "only existed on paper", said Margrethe Vestager, the European Commissioner for Competition.

http://www.bbc.com/news/uk-northern-ireland-37228475

“Some days I am an optimistic pessimist ... other days I am a pessimistic optimist”
User avatar
MGV12
 
Posts: 5350
Joined: Wed Jan 23, 2008 4:23 pm
Location: Chiang Mai

Previous

Return to general

Who is online

Users browsing this forum: No registered users and 1 guest