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bighand69
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Comments by "bighand69" (@bighands69) on "Apple Hit by Record Tax Payment in EU Crackdown" video.
Apple when they set up in Ireland was before the EU even existed. The Irish government then decided to set up a tax system and allowed Apple to pay a certain level of taxes. The EU in 2016 has decided to overrule the Irish government who does not even want to collect the taxes.
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Tax too high and business will not generate income to get taxed in the first place. The Irish government decided to create jobs through low corporate taxation.
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But apple employees thousands of people In Ireland and Microsoft, google and Intel does the same. This tax ruling could cost up to 200,000 jobs in Ireland.
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Most of them set up bases in Ireland to gain access to the EU market but they then merged in to tax reduction processes.
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