EU's Juncker says Apple tax decision is clearly based on facts, rules

by Guest 4/9/2016, 14:34

EU's Juncker says Apple tax decision is clearly based on facts, rules

An EU ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday.

Last week, European Union antitrust regulators ordered Apple to pay up to 13 billion euros ($14.5 billion) in taxes to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid.

Apple's Chief Executive Tim Cook last week described the ruling as "total political crap", but France and Germany have come out to back Brussels on the decision.

Juncker said EU Commission investigations on taxation had mainly targeted European companies.

The decision comes amidst a coordinated global initiative to crack down on tax evasion by multinational companies, spearheaded by the Paris-based Organization for Economic Cooperation and Development (OECD).

The ruling against Apple has pushed the issue into the limelight and raised the risk of significant push-back from the United States, analysts say, where some lawmakers are saying the result represents a European encroachment on the U.S. potential tax base.

In separate comments to Reuters on the sidelines of the G20 on Saturday, Pascal Saint-Amans, director of the OECD Center for Tax Policy and Administration, called Apple's tax planning "outrageous" but, like Juncker, said the decision was based on enforcing current regulations.

Saint-Amans said he believed it would be unlikely to serve as a precedent for enforcement on future income earned by multinationals.
bickered for years over the treatment of off-shore income but now fear that the European Commission move would mean more profits earned by U.S. corporations flowing into European tax coffers.

"This is not a decision against the United States of America," said Juncker.

http://www.reuters.com/article/us-eu-apple-juncker-idUSKCN11A06G

by Guest 4/9/2016, 14:40

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EU's Juncker says Apple tax decision is clearly based on facts, rules GettyImages-598656196-800x511

EU's Juncker says Apple tax decision is clearly based on facts, rules GettyImages-598656196-800x511

Irish ministers confirmed on Friday, after days of talks, that they will appeal against the European Union's Apple tax ruling.

Earlier this week, Ireland was ordered by the European Commission, the executive arm of the EU, to reclaim €13 billion plus interest in back taxes from Apple.

Apple could bring home billions in taxes if US passes a tax holiday

The issue initially threatened to split the government with independent ministers saying they were reluctant to challenge the decision.

On Tuesday, the EU’s competition chief Margrethe Vestager said that a two-year investigation into so-called sweetheart tax deals in 1991 and 2007 had found Apple guilty of receiving illegal state aid from Ireland. It had allowed Apple to pay an effective corporate tax rate of one percent on its European profits in 2003, down to as low as 0.005 percent in certain years, according to Vestager.

Apple has vehemently disputed the claim and said it will appeal against the ruling.

The Irish government has similarly denied any wrongdoing. Immediately after Vestager revealed her decision, Finance minister Michael Noonan said Ireland must launch an appeal against it. But independent ministers resisted and the cabinet failed to reach agreement on Wednesday.

On Friday afternoon a compromise was finally reached during a short cabinet meeting. Ireland will appeal against the ruling that it had supplied illegal state aid worth €13 billion to Apple, but—in a concession to reluctant MPs—an independent review of the tax treatment of multinationals in the country will take place.

The Dáil, which is the lower house of the Irish parliament, will meet next Wednesday to approve the plan, Noonan said.
"Our appeal will be founded on advice and documentation of the attorney general," added Noonan. He claimed "no preferential treatment" had been dished out to Apple.

"Apple constructed it's company to use the tax regime. Any company could have done the same. This is an intrusion beyond the competence of the commission," he said.

Irish Minister for public expenditure Paschal Donohoe expressed concern about the impact of the decision on jobs and the economy.

The nature of the ruling was unprecedented in terms of the consequences for the Irish economy. This ruling has seismic and entirely negative consequences for job creation in the future. We need to maintain the jobs we have and develop jobs for the future.
There is a clear intention to emphasise the certainty of the tax code. This government stands fully behind our tax regime. We reviewed how important this policy is.

Noonan said: "There’s envy across Europe about how we’ve managed to establish so many HQs in Dublin. We stand by our 12.5 percent tax rate."

Apple has also said it will appeal against the decision. Its chief Tim Cook didn’t mince his words on Wednesday, calling the ruling "total political crap." Vestager refuted that claim and said the decision was based on the facts of the case.

by Guest 4/9/2016, 14:57

Vidi ti Iraca...

by **kic** 4/9/2016, 15:03

crvasta..

by Guest 4/9/2016, 15:23

Em izbjegavaju platiti porez, em su im cijene otišle u nebesa...

by Guest 4/9/2016, 17:47

Hooliganjetta wrote:Em izbjegavaju platiti porez, em su im cijene otišle u nebesa...

uvijek su tamo i bile..štriganje Ofaca je unosan biznis,kad su u pitanju Jabucari..

by Guest 4/9/2016, 19:55

Ok...

Može preporuka za fotač?

by Guest 4/9/2016, 20:04

Hooliganjetta wrote:Ok... Može preporuka za fotač?

kompakt ili full format?

by Guest 4/9/2016, 20:06

full format. nikkon, cannon... do 1k usd

by Guest 4/9/2016, 20:11

Hooliganjetta wrote:full format. nikkon, cannon... do 1k usd

Evo,pa prvo malo prouci..

http://www.besserfotografieren.com/kamera-kaufen-beste-kameras-unter-1000-euro.php

by **kic** 4/9/2016, 20:11

by Guest 4/9/2016, 20:16

bogomdani wrote:
Hooliganjetta wrote:full format. nikkon, cannon... do 1k usd
Evo,pa prvo malo prouci..

http://www.besserfotografieren.com/kamera-kaufen-beste-kameras-unter-1000-euro.php

Thanks. Bum proštudirala.

by Guest 4/9/2016, 20:17

Hooliganjetta wrote:
bogomdani wrote:
Hooliganjetta wrote:full format. nikkon, cannon... do 1k usd
Evo,pa prvo malo prouci..

http://www.besserfotografieren.com/kamera-kaufen-beste-kameras-unter-1000-euro.php
Thanks. Bum proštudirala.

nema na cemu...stogod uzela,Nikon,Canon,sve je vrhunsko..razlika u detaljima..

by Guest 4/9/2016, 20:23

E, tako sam i mislila. Sve i da hoću ne mogu sfulat...

by Guest 4/9/2016, 20:23

Hooliganjetta wrote:E, tako sam i mislila. Sve i da hoću ne mogu sfulat...

bas tako..za neko profi koristenje?

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EU's Juncker says Apple tax decision is clearly based on facts, rules

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Re: EU's Juncker says Apple tax decision is clearly based on facts, rules

Re: EU's Juncker says Apple tax decision is clearly based on facts, rules