I think the EU committee "wins" either way, because reportedly Ireland was sufficiently pressured by this bad publicity to change its tax law. Legal or not, the public perception is negative.
You mean in other member states? I can’t imagine public perception to be negative in Ireland, given it brings in a ton of jobs and some tax revenue.
This overall is a ridiculous situation. EU member states can’t have it both ways. On the one hand they want to crack down on excessive avoidance, on the other hand they want to create interesting tax regimes and interesting tax breaks.. well, that’s what happens.
They need to somehow consolidate the tax base, but that will be bad for small member states. It will probably never really happen.
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[ 2.7 ms ] story [ 12.1 ms ] threadApple's argument that they merely defer, not avoid, tax will have a lot more merit now in court.
I'm relatively certain the EU won't win this one, but we'll see.
This overall is a ridiculous situation. EU member states can’t have it both ways. On the one hand they want to crack down on excessive avoidance, on the other hand they want to create interesting tax regimes and interesting tax breaks.. well, that’s what happens.
They need to somehow consolidate the tax base, but that will be bad for small member states. It will probably never really happen.