Re:Ireland is to close a tax loophole used by Apple
by ra on Wednesday October 16, 2013 @06:19AM
(#6558861)
So the headline should be, "Ireland to close Apple's tax loophole, but leave bigger one open"
[ Parent
| on HN ]
Re:Ireland is to close a tax loophole used by Apple
by glomph on Wednesday October 16, 2013 @06:55AM
(#6558938)
That isn't usually how headlines work unless there is a stronger connection.
'Police catch one thief but leave all others on the street'
Re:Ireland is to close a tax loophole used by Apple
by mcherm on Wednesday October 16, 2013 @08:24AM
(#6559204)
More accurately: "Ireland will not close Apple's tax loophole; won't close the other one either.", since the article explains that all Apple needs to do is to declare it's Irish subsidiary to have a tax domicile of Bermuda (or anywhere else without corporate income tax) and Apple's current loophole remains intact.
Re:Ireland is to close a tax loophole used by Apple
by raverbashing on Wednesday October 16, 2013 @10:21AM
(#6559779)
Exactly
There are ways this can be worked around (quite easily as pointed)
Nothing changes in practice