Wednesday, 31 August 2016
E.U. insists that Apple pay tax in Ireland
The E.U. Commission are insisting that Apple Corporation pays its quota of corporation tax in Ireland. The Republic of Ireland is part of the E.U., Northern Ireland is not, being part of Great Britain.
The so called 'sweetheart' deal between America and the Republic of Ireland meant that Apple pays little or no corporation tax over there in exchange for locating its company there and providing the Irish with plentiful jobs.
It could be said that the E.U. are interfering in the affairs of the Republic of Ireland or that it is retribution for the TTIP deal falling through.
I'm just glad that we're getting out of the E.U. and the sooner, the better!