Knocka in the New York Times!! (Apple tax dodging)

[Carmona]

http://www.nytimes.com/2013/05/22/business/global/ireland-defends-attractive-tax-rates.html?hp&_r=0

Haven't read it yet, but is this the beginning of the end for the Irish company tax thingy??

 

[gozzy]

When did avoiding tax become immoral?

It's plain common sense to protect your money as smartly as you can. The same goes for companies big and small.

Tax avoidance is near an obsession among the middle and upper classes so it's churlish to condemn Apple for doing the same. In fact Apple would be remiss in it's duty to it's shareholders if it didn't make use of Ireland's (or any other country's) tax regime and talent pool.

 

[How bad boy]

When did avoiding tax become immoral?

It's plain common sense to protect your money as smartly as you can. The same goes for companies big and small.

Tax avoidance is near an obsession among the middle and upper classes so it's churlish to condemn Apple for doing the same. In fact Apple would be remiss in it's duty to it's shareholders if it didn't make use of Ireland's (or any other country's) tax regime and talent pool.

It's nigh on impossible for PAYE workers to dodge tax on their income.

It doesn't have to be a race to the bottom. Ireland's corporation tax isn't at fault here, per-se. It's the loopholes that allow insane write offs and exclusions that is.

Ireland should close them, and simplify the entire system. Make dodging much harder, and make it much easier to administer taxes.

 

[Fallout Boy]

It's nigh on impossible for PAYE workers to dodge tax on their income.

It doesn't have to be a race to the bottom. Ireland's corporation tax isn't at fault here, per-se. It's the loopholes that allow insane write offs and exclusions that is.

Ireland should close them, and simplify the entire system. Make dodging much harder, and make it much easier to administer taxes.

Exactly. And the attitude of "when did avoiding tax become immoral" is part of the problem - not the solution.

 

[Corkonian83]

When did avoiding tax become immoral?

It's plain common sense to protect your money as smartly as you can. The same goes for companies big and small.

Tax avoidance is near an obsession among the middle and upper classes so it's churlish to condemn Apple for doing the same. In fact Apple would be remiss in it's duty to it's shareholders if it didn't make use of Ireland's (or any other country's) tax regime and talent pool.

I think the way Apple paid the dividend really peed off the US.

Was either Apple or Google; since EU is attacking Google, US went after Apple.

 

[Fallout Boy]

I think the way Apple paid the dividend really peed off the US.

Was either Apple or Google; since EU is attacking Google, US went after Apple.

Haven't been impressed with what I've been reading about you lot, C83!

 

[Stacky]

Apple have not broken any tax laws.

Ireland has not done anything illegal.

The U.S. Tax system needs reform.

 

[gozzy]

It's nigh on impossible for PAYE workers to dodge tax on their income.

It doesn't have to be a race to the bottom. Ireland's corporation tax isn't at fault here, per-se. It's the loopholes that allow insane write offs and exclusions that is.

Ireland should close them, and simplify the entire system. Make dodging much harder, and make it much easier to administer taxes.

Fair enough, but making use of completely legal means of protecting your income isn't immoral, it's sensible.

 

[mickohall]

Apple have not broken any tax laws.

Ireland has not done anything illegal.

The U.S. Tax system needs reform.

Irish corporation tax needs to be increased to 15%.

At least.

 

[How bad boy]

Fair enough, but making use of completely legal means of protecting your income isn't immoral, it's sensible.

The fact that such loopholes are legal and encouraged is immoral.