“Cork residents resent Dublin’s unwavering defense of the tech giant, most recently its support of the company’s appeal Monday that claimed the EU Commission overstepped its powers,” Spillane writes. “Instead of banking an amount roughly the size of the country’s annual health budget, Irish leaders recoiled at the order and defended its four-decade-long relationship with Apple.”
Spillane writes, “Though Apple employs more than 4,000 people in a city of 125,000, many locals are appalled that the company hasn’t contributed more to the local economy through taxes.”
MacDailyNews Take: Apple employees don’t pay income taxes? Sales taxes? Other local fees and taxes?
“Apple referred POLITICO to a statement saying that the company is the largest taxpayer in the world, the U.S. and Ireland,” Spillane writes. “‘The full amount of tax was paid in this case and no state aid was provided,’ the [Irish] government has said.”
Read more in the full article here.
MacDailyNews Take: Newsflash: Corporations don’t pay taxes, you do.
“Corporate taxes” are simply passed along to the consumer. It’s how the government sneakily double-taxes its citizens. You’re taxed on your income and then again on what’s left via higher prices across the board.
Now, employees of corporations most certainly do pay taxes. How would Cork, Ireland be faring without thousands of Apple employees living there and in surrounding areas paying income tax, sales tax, and myriad other taxes?
Ireland accuses EU of exceeding power in Apple tax grab – December 19, 2016
Apple formally appeals EU tax grab this week, says company was a ‘convenient target’ – December 19, 2016
The ‘Brexit-Apple’ connection: What in the world was Margrethe Vestager thinking? – September 12, 2016
EU ministers line up to take tax bites out of Apple – September 12, 2016
Former EU competition commissioner: Vestager claim that Apple owes back taxes an incorrect use of EU law – September 2, 2016
Irish government to fight EU on Apple tax – September 2, 2016
Treasury accuses EU of trying to steal U.S. tax revenues with Apple decision – September 1, 2016
Irish residents opposed to EU’s tax demand of Apple – September 1, 2016
Apple Inc. pushes back against EU tax grab – September 1, 2016
Apple may repatriate billions of dollars next year after new U.S. President takes office – September 1, 2016
U.S. tax code allows for dramatic retaliation against EU overreach in Apple case – September 1, 2016
Apple CEO Tim Cook on EU tax demand: ‘No one did anything wrong here and Ireland is being picked on… It is total political crap’ – September 1, 2016
U.S. Treasury: The European Commission’s retroactive tax demands on Apple are unfair – August 30, 2016
EU demands Apple pay massive $14.5 billion in taxes plus interest – August 30, 2016
U.S. government warns EU: Do not hit Apple with a massive back tax bill – or else – August 25, 2016