Sigh

….and ordering Apple to pay €13bn plus interest — the biggest tax fine in corporate history — for using Irish law to cut its bill.

It’s not a fine. It’s the return of unlawfully provided state aid.

And as the EU itself points out. It’s the state that provided the aid. Therefore, if there were any fines they would be levied on the state, not the company. The company being the innocent recipient of that illegal state aid.

6 comments on “Sigh

  1. It’s “whatever fits the narrative” – and the narrative is new French taxes, therefore Apple / Ireland (still under appeal) must be tax.

  2. What’s to stop Google, Facebook etc saying “fuck it”, pulling out of every EU country and selling the European adverts through an office outside the EU?

  3. “Dongguan John
    July 14, 2019 at 9:52 pm

    What’s to stop Google, Facebook etc saying “fuck it”, pulling out of every EU country and selling the European adverts through an office outside the EU?”

    Extradition treaties. Because the EU will just declare that since the ads are seen inside the EU, that’s your tax nexus and so you owe taxes and if, say, the US wants to continue the policy of EU states tattling on the business of US citizens inside the EU vis-a-vis tax payments and IP enforcement then the US should just go ahead and bind those people over for trial.

    Other, smaller countries? Will do like, what was it – Vanatu? Just stand by as police from the EU come into their countries and take whoever they want just as they did when the Chinese came calling.

  4. That’s the danger of fuckwits like Murphy. They float lunatic ideas that get taken onboard by the politicians and public.

    The myth is that somehow we’ll be better off taxing businesses who sell into the UK without realising that other countries deciding to do the same will take just as much from the UK. Massive extra complications, increased admin, disincentives to trade abroad.

    Total fuckwittery.

  5. @ AndrewC
    Who do you think advocates more taxes? Murphy is a shill for the HMRC’s in-house trade union. His ex-paymasters (who will, he hopes, return to being paymasters) benefit at the expense of the rest of us.
    This is one of the cases where I think it justified to attribute to malice that which you attribute to stupidity.

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