Tim Riggins/Brian Hayes up on the last word soon, should be good.
Hayes flapping like a seal having a wank.
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The fianna fail crowd are seething
Section110 is the worst case of all.
If you have half an hour to spare and can handle getting get angry⌠jump right in
Who benefits from this here???
+1 you couldnt make it up. pawns once again
As in who outside of the funds benefits?
Thatâs they key question. NAMA and the banks have willing purchasers I guess but likely they would be able to sell the asset anyways.
Iâd guess in practise nobody outside of these funds benefiting
Edit: and the big legal firms I guess
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aye. they will go the road of not appealing and apple do (while hoping it will just âgo away for a few yearsâ), thinking they are playing ball with both sides but ramifications and where this will lead difficult right now
Think the lads in Europe seem really intent in sticking the boot into us now that our neighbours have voted themselves out. Enda needs a friend. Maybe he should talk to Vlad
we dont know what will happen and as you say there are companies here years. to get up and go even with the same tax wherever they go in Europe would probably not be on their radar or in their interests. if a couple of big US companies shut up shop though there could be a domino effect, i.e, about 1m into this
https://www.youtube.com/watch?v=VEy5vIWCJLQ
Agreed
Why then do the elected govt not only stand back, but actively encourage this theft from the country, and we are talking billions here, when people spend days dying on trollies in a hospital corridor?
There must be something else going on, surely to God.
Ineptitude Iâd say
Paying no tax gives these funds huge purchasing power advantage over others. I mentioned earlier in thread is a case being lined up on this and other related points from several developers who feel disadvantaged in the process
No, the encouragement of the scheme suggests more than incompetence, and we are talking billions here.
Unintended consequence of NAMA rushing to get properties off their books. They could have got better prices for individual banks of land but bundled them all off to these funds at near-basement prices
As I understand it:
The Irish governments argument is this revenue wasnât raised in Ireland, and it goes against the general taxation rule that tax should be paid in the area of economic activity. Basically, wherever they raised the money it didnât come from Ireland so it should be us taxing it. Thatâs a pretty strong argument in fairness.
The Commissions is saying the money isnât being taxed in the US or anywhere else, and youâre running it through Ireland, so Ireland youâre up to call the taxes in on this.
Looking at the end game in this, everyone, including Ireland, is agreeing that Apple should be paying tax on this money somewhere. Where is the key question.
Now if theyâre going to have to be on the hook for it one way or another in the end (although I still think itâs unlikely and the decision will be overturned) maybe theyâll be happy to pay it in Ireland for a finish, where theyâll only have to pay the 12.5% rather than being forced to pay a higher rate in the countries where the money was raised.