Leekbrookgull
Well-known member
Anyone seen the EU accounts in the last Twenty Years ?
The tax breaks are a part of a tax avoidance system. Apple negotiated the advance pricing agreement to ensure it would pay almost no tax on profits declared in Ireland and then proceeded to artificially shift profits made in other countries into Ireland. This whole set up has robbed the uk (for example) of an estimated $1.3bn in taxes that should have been paid here.It isn't necessary tax avoidance. Plenty of countries give tax breaks or incentives for firms to set up shop there for jobs.
Canada have done it for film production companies for years.
It isn't necessary tax avoidance. Plenty of countries give tax breaks or incentives for firms to set up shop there for jobs.
Canada have done it for film production companies for years.
So if i understand this correctly when you buy an apple product in the Brighton store apple put the sale down as being made in Ireland so it's not taxable in the uk, Then from Ireland where they pay very little corporation tax they shift the profits to a tax haven where they pay a big fat zero.
Why don't governments force companies to book the sale in the country that the product or service is sold, would this not stop all this complicated tax structures that apple and the likes use.
Why don't governments force companies to book the sale in the country that the product or service is sold, would this not stop all this complicated tax structures that apple and the likes use.
It isn't necessary tax avoidance. Plenty of countries give tax breaks or incentives for firms to set up shop there for jobs.
Canada have done it for film production companies for years.
Anyone seen the EU accounts in the last Twenty Years ?