Saturday, February 4, 2017

Question for the heathen Irish: If Apple won’t pay tax what hope is there for civilisation?

European Commissioner Margrethe Vestager schools the Irish on economics...
and Catholic values
Brussels has been accused of “bending the rules” in its pursuit of Apple for €13 billion in taxes it says should have been paid in Ireland. But in truth it is the multinationals and their corporate lawyers and accountants who have twisted the rules on taxation almost out of existence.

The tax system had been “captured” by the tax avoidance industry. Multinationals were paying less and less tax and states were reduced to tax wars against each other in failing efforts to attract them.

The public needed a champion to restore some order on the chaos and it got it in Margrethe Vestager, the European commissioner for competition. Under her the directorate general for competition did what the directorate general for taxation and directorate general for economic and financial affairs were unwilling or unable to do.  (more...)


Background:

A Catholic Ireland wouldn't have stumbled over this.

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