Well well well...
1) Trump will likely win
2) Harris will side with the fascist EU
Cook is a lot of things, but he ain’t stupid.
But I said, “You’ve got to gradually move your company here.”
So what is our plan (Trump’s) to deal with the EU.
Here’s an idea - we impose an $18 Billion charge on the EU for our NATO involvement. No bucks, no GIs when you’re in trouble.
There’s other things, also.
Let’s hear every FReeper’s proposals!
If you were the head of a multi-billion dollar company, who would you seek advice from: 1) Trump, 2) Harris, or 3) A fence post? (Hint: two of the choices will give you the same advice.)
Looks like a lot of otherwise liberal Dem voters working at AAPL will be voting DJT next month.
According to Trump, the recent EU fines are a blatant attempt to exploit American companies to finance European projects.
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Like their 2% contribution to NATO.
I hope the Apple fine solution doesn’t involve some wheeling and dealing where the fine gets hidden in other ways that the American taxpayer ends up paying.
The only negotiation should be purely about the fine itself, Apple, and the Euro body that imposed it.
Well, Tim, it comes down to this, do you support the constitution and people of the united states or are you a globalist? The world is coming apart at the seams and you have to pick which tectonic plate you want to float around on. If you are on my side, we can fix Europe. We tell them we have principles. We believe in certain inalienable rights. Support them and we are with you. Go against them and you can go make your separate peace with Russia and Iran. You are on your own.
I wonder how Apple and Tim have been contributing. Also, what kind of news does Apple put in front of their users?
The DESPERATE EU is searching for more OTHER-PEOPLE’S-MONEY.
Hey Elon, just pull all your tech and businesses from Europe. And I mean ALL. Relocate your people if they want to keep their jobs.
Ooopd, I meant Cook. But Elon is facing the same garbage. He should do the same.
WIKI
On 10 September 2024 the European Court of Justice set aside the judgment of the lower General Court, which previously overturned the Commission’s decision, by reasoning that it contained legal errors. The Court of Justice stated: “[ECJ] gives final judgment in the matter and confirms the European Commission’s 2016 decision: Ireland granted Apple unlawful aid which Ireland is required to recover”. The European Commission found that corporate tax rates as low as 0.005% paid by the tech giant represented an unlawful subsidy. Specifically because other companies were not permitted to obtain the same tax arrangements. As a consequence Apple must pay €13 billion, excluding interest, to the Irish Treasury.
Member States cannot give tax benefits to selected companies – this is illegal under EU state aid rules.
The recovery order for €13 billion was an estimate subject to final ASI accounts. It covers the period 2004 to 2014 inclusive, as the commission is permitted to order a full recovery within a 10-year period from the start of an investigation....Apple will also owe interest penalties at the Irish Revenue penalty rate (was 8% in 2016), which would total circa €6 billion, giving a total recovery order of circa €20 billion.
It is specifically prohibited under Ireland’s own corporation tax code (Section 291A(c) of the Irish Taxes and Consolation Act 1997) to use the CAIA BEPS scheme for reasons that are not “commercial bona fide reasons” and in particular for schemes where the main purpose is “... the avoidance of, or reduction in, liability to tax”
https://en.wikipedia.org/wiki/Apple‘s_EU_tax_dispute
In my non-lawyer opinion, the EU is legally correct.
From the small amounts of Apple News I have read, Apple is on the Kamala Team. Tim Cook needs to fix this is he wants DJT to help him after the election.
If G**gle isn't Da Debil, they're close enough to fill in for him until he gets here.
Trump should lobby the EU to increase the fine on Apple. Big Tech is and has acted like, the enemy. Hurt them any way you can.