Re:Apple Agrees to Deal with Ireland Over $15B Unpaid Tax Issue
by gaius on Monday December 04, 2017 @01:51PM
(#15846384)
I suspect the deal is "we'll help you evade the taxes you should be paying other countries if you give us a slice"
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Re:Apple Agrees to Deal with Ireland Over $15B Unpaid Tax Issue
by davweb on Monday December 04, 2017 @02:00PM
(#15846458)
That's more or less what was already happening; which is why the EU told the Irish government they had to stop giving Apple a preferential tax rate unavailable to other companies. Ireland didn't want to collect this money.
Re:Apple Agrees to Deal with Ireland Over $15B Unpaid Tax Issue
by IBM on Monday December 04, 2017 @02:09PM
(#15846518)
The "deal" is that Ireland is holding the back taxes in escrow until the appeals are exhausted. And because it's such a large amount, Ireland had to hire managers/custodians for it. The terms are probably about what the money is going to be invested in.