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13 billion unlucky Apples

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  • 13 billion unlucky Apples

    Well, we are owed the money but will the revenue collect ?

    what should we spend it on?

  • #2
    Abolish the USC, 25% reduction in all motor tax rates, build a new hospital. Add a new racetrack out by the airport. So many options.
    Anon. - "owned since 2004. never had a disc on her."

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    • #3
      Just looks like a nice way for europe to take 13 billion for themselves really doesn't it.
      Poor punctuation and spelling via iPhone keyboard & odd words here and there via autocorrect

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      • #4
        Should they collect is my question?
        Does this set a precedent to look at all the multi nationals in laundering money in Eire?

        I hope not, we'd be back trading sisters and potatoes for a 10 litres of unleaded if the tech companies went elsewhere.

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        • #5
          We should spend it on not spending it, sure if you let this slide, next thing you know we will all start agreeing with the EU and that water charges are the way forward It will be straight bananas next for all you know.

          No time to post anything but a pi55take to this one at the minute.
          If it ain't broke, don't fix it.

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          • #6
            The government wont get a bean, it has to go off the debt and nothing else. Also announced that countries that believe they lost tax revenue due to it can claim the money from the 13 billion. It will take years anyhow as it will be appealed

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            • #7
              Oh Ye I forgot, the judicial system Must get its twist before any one else.
              Needless to say, by the time any thing would be claimed from Apple , it will be Spent in the courtroom.

              Still at least revenue and the Sherrif can continue to hound and abuse our small local businesses for small amounts while they are waitng, we are gettin value there at least.

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              • #8
                http://waterfordwhispersnews.com/201...d-tells-apple/

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                • #9
                  This whole thing is based on the claim that we gave Apple a deal not available to anyone else. But we didn't.

                  Apple structured their taxes in a bull5hit way to avoid taxes around Europe. We took the view that that wasn't our money to chase. The EU has now decided that it was; but other countries can seek the portion that is theirs (which is >95% of it), and anyway our position is still that we didn't do anything for Apple that we didn't do for anyone else. The fact that they had a stateless company taking the profits that passed through Ireland is not Ireland's fault - it's Apple's; and we closed that loophole years ago anyway.
                  "All the finesse of a badger." (cdiv)

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                  • #10
                    let them pay it back,
                    they'll pull out of Ireland,
                    then all the other multi-national globalisation fat cats will desert us and rapidly pull out too,
                    we'll all get redundancy packages,
                    spend it on car parts,
                    hand our house keys back to the banks and tell them to shove their mortgages up their ar5es,
                    we'll all feck off to rural France and live in a restored gite, living on wine, olives, baguettes and the smell of lavender,
                    and we'll revert to the barter system.

                    sorted.

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                    • #11
                      Originally posted by Rennwagen View Post
                      Well, we are owed the money but will the revenue collect ?

                      what should we spend it on?
                      http://www.independent.ie/business/w...-35007108.html


                      1. GOODBYE USC

                      Much of the political debate last week focused on whether we can afford to abolish the much-hated Universal Social Charge (USC) which brings in around €4bn a year to the State coffers.

                      A Department of Finance document suggested that culling the tax in one swoop would need to be off-set by a 600pc rise in property tax, a 5pc hike in income tax, an extra 18 cent per litre on the price of petrol or pushing up the price of a pint by €1.50.

                      Well, courtesy of Apple we could just dump the USC in an instant and not have to worry about the impact for at least three years.

                      2. 100,000 NEW HOMES

                      The Government’s Action Plan on Housing commits €5.5bn for building social housing and infrastructure between now and 2021. This, according to Minister Simon Coveney, will deliver 47,000 social houses and help to end long-term homeless.

                      With €13bn to spare, the housing crisis could be fixed a lot faster.

                      3. RUN THE HEALTH SERVICE FOR A YEAR

                      Coincidently €13bn is the exact figure budgeted for our troubled health system this year.

                      Minister Simon Harris had to fight for an extra €40m when he took office to set up a winter plan aimed at reducing overcrowding in Accident and Emergency departments.

                      Wouldn’t he like to double his budget and maybe have a chance of solving the never-ending crisis in our hospitals...

                      Read more: Kevin Doyle: Can Michael Noonan really pretend it’s okay to rip up a €13bn winning Lotto ticket?
                      Read more: Six things you need to know about the European Commission Apple tax ruling

                      4. 100 HIGH-TECH SCHOOLS

                      A commendable €2.8bn has been set aside for the school building programme between 2016 and 2021, which will deliver 310 major extension/refurbishment projects and 14 new state of the art schools.

                      With €13bn the Government would be in a position to really end the use of prefabricated classrooms and deliver in excess of 100 new high-tech schools. Naturally they would be fitted out by Apple.

                      5. RAINY DAY FUND

                      This might be the least exciting option but it has served us well in the past to leave some money resting in an account.

                      Before it was raided to bail out the banks and kick-start government spending again, the National Pension Reserve Fund had a balance well over €13bn.

                      The Government has committed to setting up a new ‘rainy day fund’ so this would seem an obvious way to replenish it in one foul swoop.

                      6. FORGET A TEAM OF GARY BREENS

                      For a bit of fun we could hire a genealogist capable of finding some link between the world’s most expensive soccer player Paul Pogba and Ireland.

                      Pogba was recently snapped up by Manchester United for €105m – but we can afford him 123 times over.

                      It mightn’t have the same ring to it as a team of Garry Breens, but we might win something.
                      Any car that merely takes you from A-B does not go far enough.

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                      • #12
                        Dead easy for Apple to have soaring share prices when you consider tax to be optional.

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                        • #13
                          If I understand correctly, the 13 billion is money that Ireland should have let other countries collect from Apple but did not.
                          So Ireland will not get the 13 billion, only get to hold onto it ??

                          Then again interest on 13 billion euros ?? that buys a few ministerial pensions, no ?
                          "This is a non-contact sport but then so is ice hockey" - Roberto Giordanelli on Irish FIAT Punto racing but applies to all Irish racing..
                          "Tailgaters have small dicks" - Me

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                          • #14
                            Originally posted by bloke View Post
                            Dead easy for Apple to have soaring share prices when you consider tax to be optional.
                            I always fancied being one of those mega-borrowers, the ones with loans big enough to force the banks to take a cooperative / more 'constructive' view to managing their bad debt. I didn't realise we had a whole underclass (overclass ?) of taxpayers in the same boat

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                            • #15
                              Originally posted by hi-rev View Post
                              If I understand correctly, the 13 billion is money that Ireland should have let other countries collect from Apple but did not.
                              So Ireland will not get the 13 billion, only get to hold onto it ??

                              Then again interest on 13 billion euros ?? that buys a few ministerial pensions, no ?
                              Last edited by SJ; 30-08-2016, 06:00 PM.
                              "All the finesse of a badger." (cdiv)

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