Teeqoz said:
The thing about having huge teams of lawyers is that you can easily find loopholes in the law where things that shouldn't be legal, and in reality aren't legal, become legal through accounting trickery. Ireland obviously hasn't pressed the issue because it's in their interests to be able to give big companies a competetive advantage through lower taxes, because it increases the chances of international companies stationing themselves in Ireland as opposed to other places in Europe. The EU certainly has ulterior motives (ie. getting Ireland to pay back debt) for doing this now, but it's still a step in the right direction. |
I am all for fixing loopholes, my questions weren't really questions. I was just trying to point out that the EU is just as scummy with their tactics. Let's hope the money is gonna be put to good use, the EU may have to wait a long time to get any of it though.
How is the US gonna react to this? Doesn't this also mean the US can't tax Apple again when they decide to channel the money back to the US?
