Energy News  
TRADE WARS
Irish opposition attacks Apple ruling appeal
by Staff Writers
Dublin (AFP) Sept 7, 2016


Ireland's opposition on Wednesday lashed out at a cabinet decision to appeal the EU's Apple ruling amid public support for the European Commission order to collect back taxes from the US tech giant.

"We want companies like Apple in Ireland... but this doesn't mean one should turn a blind eye to tax evasion or avoidance," Sinn Fein leader Gerry Adams said in parliament, which was recalled early to debate an issue that has divided the country.

"Tax is not just for the small man, it is for all," he said, Sinn Fein said on its Twitter account.

The European Commission last week ordered Apple to pay a record 13 billion euros ($15 billion) in back taxes in Ireland, a move Washington warned could damage hugely important transatlantic economic ties.

The ruling put Ireland in the strange position of refusing the windfall for fear of scaring away valuable investment and undermining a cornerstone of Ireland's economic policy for decades.

Ireland's two main parties, Prime Minister Enda Kenny's Fine Gael and Fianna Fail, which supports the minority government, are expected to back the appeal.

But Sinn Fein, the main opposition party which gained support in elections earlier this year on an anti-austerity platform, is set to oppose.

Sinn Fein finance spokesman Pearse Doherty said Apple had operated "a sort of untaxed Bermuda Triangle" in Ireland following opinion polls that have shown majorities in favour of Apple paying the back taxes.

In his opening address, Finance Minister Micheal Noonan said the ruling had fed into an "outdated caricature" of Ireland as a tax haven and must be appealed to defend its international reputation and its future ability to attract foreign investment.

"The government's position throughout this process has been that the full amount of tax was paid in this case and no State aid was provided," he said.

"Ireland did not give favourable tax treatment to Apple: Ireland does not do deals with taxpayers."

Prime Minister Enda Kenny said the ruling had done "great damage" to Ireland's international reputation.

"The picture of Ireland painted by the Commission in this decision as a country prepared to play fast and loose with the law to gain unfair advantage could not be more damaging or further from the truth," he said.

Apple has had a base in the southern city of Cork since 1980 and employs nearly 6,000 people in Ireland, through which it routes its international sales totalling billions.

The European Commission said Apple paid an effective corporate tax rate of just 0.005 per cent on its European profits in 2014 -- equivalent to just 50 euros for every million.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
TRADE WARS
Canada's Trudeau hails new friendship with China
Hong Kong (AFP) Sept 6, 2016
Canadian Prime Minister Justin Trudeau said Tuesday that ties with Beijing had entered a new era following a charm offensive which saw 56 business deals signed. Speaking in Hong Kong following a week-long trip to China, where he met President Xi Jinping and attended the Group of 20 summit in Hangzhou, Trudeau said the "hot and cold" nature of relations with Beijing was over and that ties h ... read more


TRADE WARS
China researches high resolution imaging from high orbit

China hi-res SAR imaging satellite sends back pictures

FLEX takes on mutants

Quest to find the 'missing physics' at play in landslides

TRADE WARS
Inferring urban travel patterns from cellphone data

Positioning exact to the millimeter

India to Provide Cost Incentives to Use Homemade Version of GPS

Existing navigation data can help pilots avoid turbulence

TRADE WARS
Browsing antelope turned ancient African forests into grassy savanna ecosystems

World nears 2020 goal of restoring degraded forests

Honduras, Guatemala most dangerous for environmentalists: AI

Modelling water uptake in wood opens up new design framework

TRADE WARS
Tapping the unused potential of photosynthesis

Fish 'biowaste' converted to piezoelectric energy harvesters

Body heat as a power source

Croatian Pig Farm Uses Synergies to Generate Energy

TRADE WARS
New perovskite research discoveries may lead to solar cell, LED advances

ARENA solar funding shines on - for now

NREL supercomputing provides insights from higher wind and solar generation in eastern grid

US should act to support innovation in increasingly clean electric power technologies

TRADE WARS
Statoil complements portfolio with more wind

Super-tall wind turbines installed offshore Britain

British low-carbon target in doubt

New simulations of wind power generation

TRADE WARS
Court dismisses challenge to Adani's Australia mine

Moody's: Poland to remain dependent on coal

11 dead after fire at illegal Chinese coal mine

Sweden backs Vattenfall exit from German coal unit

TRADE WARS
China jails anti-corruption protest leader for bribery

Mao's long shadow: a difficult discussion for China

No tears for Mao: 1976 death an imperial fall

Hong Kong anti-China activists celebrate vote victory









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.