Reply to post: Oh please?

Tim Cook: EU lied about Apple taxes. Watch out Ireland, this is a coup!

Smedley54
Happy

Oh please?

Please let this be true.

For several years, very profitable US corporations have used corporate inversions to park profits in tax haven nations - like Ireland. Like Apple, some have promised to repatriate the funds if the US would only adopt a reasonable corporate income tax like - of, I dunno - shall we say .0005%? If they get smacked now for their greed, and Ireland nets a windfall I'm sure they would - reluctantly - accept, I'm good. Hopefully, this is only the beginning of some real tax reform, but with the amount of money at stake, I'm afraid someone's gonna get bought.

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