Reply to post: What accomodating EU country?

Eight-billion-dollar Irish tax bill looms over Apple

Anonymous Coward
Anonymous Coward

What accomodating EU country?

It isn't Ireland that is doing this - they were happy with the deal they made with Apple (or at least they were when Apple was far smaller back in the 90s)

It is the EU making Ireland do it, because they claim the deal Ireland made with Apple violates EU tax regulations. I don't know if the other companies have the same deal Apple does, but AFAIK they also have deals that the EU will have a problem with. Apple's is the most egregious in terms of dollar amounts and perhaps also in how good of a deal it is, so it is a good one to go after first. Once the precedent is set, the EU will force Ireland to go after the rest and they'll probably pay up quietly because there won't be any point in fighting with the precedent set.

If the EU makes Ireland follow EU tax regulations then there won't be a better deal to be found elsewhere. Probably the companies will stay in Ireland, because it won't be worth the cost of moving, unless there are other factors that make them want to be in Luxembourg or whatever.

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