Apple told to pay back €13bn in tax by EU

tigerjerusalem , 48 minutes ago

Jesus Fucking Christ, this fucking company can pay 13 billion and it’s still not do a dent on their TRILLION dollars value. Imagine all that society could benefit if those fucking assholes just paid their share, instead of us having to hear how green and socially conscious these bastards are.

Tech companies are the most disgusting corporations in their sheer greed, right up there with oil corps.

itsathursday , 41 minutes ago

Can I interest you in an iPhone 16? It’s the 16th generation of their pocket depressions rectangle and now costs more than it did last time.

kippinitreal , 13 minutes ago

They greedy af. They’ve lobbied (bribed?) to keep the corp taxes as low as possible. Then they go Double Irish with Dutch Sandwich and NOT pay the low taxes anyways. If we were to tax them appropriately then it’d be a helluva lot more than 13b imo

khannie , 1 hour ago

Well I am delighted. €13.1B + the 1.2 in interest represents what will be a bump of 16% of total tax revenue compared to 2023 (€88B total). There are lots of things that money can be used for.

Quicky , 1 hour ago (edited 1 hour ago)

It sounds so bizarre that Ireland has been fighting in court to avoid having to receive €13bn from Apple.

jagermo , 1 hour ago

Because its main export was/is being a tax haven inside the EU.

ricdeh , 1 hour ago (edited 1 hour ago)

Yep. They tried desperately to build up an IT economy and for that wanted to appease all the tech companies.

Quicky , 1 hour ago

Yeah I get that, and that’ll be because of the long term financial benefits of enticing the companies there. But still…€13bn is a mad figure.

turkalino , 1 hour ago

Definitely, but maintaining their status as a tax haven is more important I guess

Bezier , 1 hour ago

That’s a lot of money they have stolen there.