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Gladdyu | 6 years ago
"The legislation passed in Ireland in 2015 ends the use of the tax scheme for new tax plans. However, companies with established structures can continue to benefit from the old system until 2020."
https://www.investopedia.com/terms/d/double-irish-with-a-dut...
josefx|6 years ago
The EU ordered them to collect taxes from Apple after it came out that Apple ran an optimized double Irish with special exceptions (private rulings) granted by the Irish tax office. This law change is the result of them getting caught violating European trade agreements that predate the EU itself.
jiveturkey|6 years ago
That goes without saying. What does need to be said is that anti-Google implications should not be taken from this statement.
1. The prior and new behavior is neither good nor bad.
2. That only Google does this is, and should be singled out, is a bit of pitchfork-ism (to be fair, from the article, not your comment). Lots of companies do this and lots of companies will need to stop doing it.
https://www.nytimes.com/2017/11/06/world/apple-taxes-jersey....
stefano|6 years ago
That depends from which point of view you're looking at it. Technically according to the law? All good. Ethically? Different people will have different opinions, but many would agree that it's bad behaviour. You're a law abiding leech on society, but you're still a leech.
bagacrap|6 years ago
domador|6 years ago
jsjohnst|6 years ago
You have an unusual definition of “legally obligated” if you feel they were 100% following the law doing this. Sure, it used to be legal in Ireland, but intentionally moving IP to claim revenue in a different tax jurisdiction than where the money was earned was a legal grey area at best.
Proven|6 years ago
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