While Ireland struggles under massive problems in public housing, health, unemployment and other basic sectors, one can only wonder if an extra 13.1 Billion Euros will help alleviate the problems or will it also go astray and be used by the left wing Irish Government to further its Marxist policies and invasion of Ireland by 3rd worlders?
Proving Ireland’s total lack of actual independence, Apple has finally been forced to pay, and Ireland has been forced to take, the 13.1 Billion Euros it owes Ireland in back taxes by the European Union. Apple which has more than $250 Billion in cash, more than most countries, just sitting stashed in offshore accounts, could easily feed all the starving in the world yet they spend so much time and money virtue signalling about how noble and moral and “cool” they are… cool does not feed the hungry.
As a result European Union antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple paid the country €13.1 billion ($15.3 billion) in back taxes.
The American company missing the January 3 deadline but was apparently not penalised. The European Commission, on behalf of the EU’s competition watchdog, had taken Ireland to court for failing to collect billions of euros from Apple.
Ireland’s tax system allowed Apple to funnel all its sales outside the United States, about 55 percent of its revenue, through Irish subsidiaries paying hardly any taxes.
The lawsuit was initiated in 2017 by the EU which severely criticized the Irish government for moving too slowly in recovering the money.
“In light of the full payment by Apple of the illegal state aid it had received from Ireland, commissioner Margrethe Vestager will be proposing to the college of commissioners the withdrawal of this court action,” the European Commission’s spokesman Ricardo Cardoso said.
The commission ruled in August 2016 that Apple had received unfair tax incentives from the Irish government. Both Apple and the traitorous Irish Regime appealed the initial ruling, claiming the tax treatment had been in line with Irish and EU law.
While Apple doesn’t break the law, this contradicts the words of CEO Tim Cook, who told the US Senate in 2013 that Apple doesn’t “depend on tax gimmicks,” or “stash money on some Caribbean island.” Apple picked Jersey as an alternative after the 2013 crackdown on its tax practices in Ireland, at the time Cook testified to the US authorities.
Ireland’s finance ministry began collecting the back taxes in a series of payments in May.
“While the government fundamentally disagrees with the commission’s analysis and is seeking an annulment of that decision, as committed members of the European Union, we have always confirmed that we would recover the alleged state aid,” Ireland’s Minister for Finance, Paschal Donohoe, said in a statement.
The ministry also said that its appeal had been granted priority status and is progressing through various stages of proceedings before the general court of the European Union (GCEU) which is Europe’s second highest court.
It will likely take several years to be settled by the European courts, according to the ministry.