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Tim Cook - A Message to the Apple Community in Europe
6,000 Apple workers in Ireland, vs an £11b windfall. Maybe Ireland could use that to pay off the IMF loans that paid off the German bank bond holders...
Euros in Oirland, even if they do call 'Euros' 'Quids'...
So that should be the published corporation tax rate - there shouldn't be private tax deals so that company A gets to pay a lower tax rate than company B.
If Ireland wanted to have a CT rate of 0.005% for truly mahoosive corporations and had that rate approved in its own Finance Act, then so be it. But to effectively offer bribes in the way of a special tax rate - well that shouldn't be OK.
A total of £775,000 in wages for Mrs Kinnock and £1.85m for her husband, adding up to £2,625,000;
Allowances for Mrs Kinnock’s staff and office costs of £2.9m;
A £64,564 “entertainment allowance” for Lord Kinnock;
A total of five publicly-funded pensions, worth £4.4m, allowing them to retire on £183,000 a year;
A housing allowance that allowed them both to claim accommodation costs even though, as a married couple, they lived in the same house in the Belgian capital between 1995 and 2004.
If Apple wanted favourable tax status they should have set up camp in Switzerland.
And Ireland could get themselves in a pickle quite quickly, I seem to recall the EU bailing them out very recently.
Strangely enough it was the UK at the front of bailing them out
When we leave the EU we can set corporation tax as low as we want and bring in jobs. Lots of them. I believe our government has already mentioned that to Apple.
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