News for hackers. Stuff that matters.
Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by zmmmmm on Thursday September 01, 2016 @06:42AM (#12404235)
For years Cook and others have been taking the stance that they are just following the laws and if people want them to pay more tax then they should get the law changed, and then Apple will happily comply. Now we see the hypocrisy: when faced with actual law saying they should pay tax do they actually happily agree to pay the tax? No, they turn around and say that they object to the law and argue the law is invalid. So what we have here is not a good corporate citizen just happily paying what taxes it is due. What we have is just like any corporation: an entity that will cynically seek to avoid and minimize its tax using any argument available and they have absolutely no interest in paying their "fair share" or contributing back to society under any tax system. So we have to just remember this next time they say "Well if you want more tax, change the law" because that is a completely insincere lie on their part.
Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by Angostura on Thursday September 01, 2016 @07:23AM (#12404389)
I think there is a difference between saying 'we comply with the law' and being happy when someone retrospectively changes the law and then demands n years payments under the new rules.
Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by walkingolof on Thursday September 01, 2016 @07:28AM (#12404410)
Nothing is changed retrospectively, in the EU you cant give one company a tax break. Ireland knew this, but went ahead and did it anyway, Apple knew this too, and took a chance.
Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by d_theorist on Thursday September 01, 2016 @07:58AM (#12404541)
It appears that this is the crux of the disagreement. Does the loophole that Apple used constitute "giving one company a tax break"? There seem to be reasonable arguments on both sides.
Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by walkingolof on Thursday September 01, 2016 @08:19AM (#12404660)
Yes, simplest way to validate this is to go to Ireland and try the same thing, I pretty sure you will end up paying 12.5% tax no matter what.
Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by marktheknife on Thursday September 01, 2016 @12:35PM (#12406701)
You would now that they've changed their law. You would not have even a few years back.

Apple's structures are a correct reading of international tax rules. The rules should be changed; Apple should not be punished for following the law.

Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by james1071 on Thursday September 01, 2016 @09:10AM (#12404933)
Yes-that is exactly what this case is about.
Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by jbmorgado on Thursday September 01, 2016 @07:28AM (#12404408)
Nobody changed the law retrospectively. The EU law always existed and Apple obviously knew about it.

If Apple asked for the state of Texas for a tax cut in the state of New York and then got fined for not paying their taxes you wouldn't call name it "retrospectively".

Re:A Tax Expert Takes Tim Cook's EU Letter Apart Point by Point by sharemywin on Thursday September 01, 2016 @09:35AM (#12405098)
I sure you would see ads form them against any kind of law lake that too.