this post was submitted on 10 Sep 2024
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581
Apple told to pay back €13bn in tax by EU (www.bbc.com)
submitted 2 months ago by [email protected] to c/[email protected]
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[–] [email protected] 104 points 2 months ago* (last edited 2 months ago) (2 children)

It sounds so bizarre that Ireland has been fighting in court to avoid having to receive €13bn from Apple.

[–] [email protected] 116 points 2 months ago (3 children)

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

[–] [email protected] 40 points 2 months ago* (last edited 2 months ago)

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

[–] [email protected] 23 points 2 months ago (1 children)

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.

[–] [email protected] 26 points 2 months ago (3 children)

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

[–] [email protected] 14 points 2 months ago

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

[–] [email protected] 4 points 2 months ago

Why not make it eternal? We shall save the daylight

[–] [email protected] 4 points 2 months ago

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

[–] [email protected] 3 points 2 months ago (1 children)

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?

[–] [email protected] 7 points 2 months 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.

[–] [email protected] 16 points 2 months ago

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