Possibly parking this here as this is going to be a slow burner, but as Macron is running the gauntlett avoiding the unions, his Finance Minister Le Maire, has succeded in gaining support from various EU states for taxing the likes of Google and Apple basically at point of sale on turnover. Ireland and Apple have already been brought to task over their tax arrangements, (appeals pending) but this latest proposal would have yet another catastrophic impact on Ireland.
Whilst I dont think it will actually get very far, several small states are already kicking back, the timing of this is bewildering. This proposal could see all US tech giants pull bases out of the EU. Its utterly nutty. The only reason I can see this even being tabled at the moment, is financial desperation in the bloc. I know the tax issues surrounding Google et al are extremely controversial and unpopular, but its not exactly new news. (And the EU should have avoided this whole issue in the first place) but why go for a populist policy now, that flies in the face of proposed global taxation deals, when the nett effect will be so detrimental?
Either way, it looks as though Irelands 'HQ' appeal is being utterly hamstrung by their 'benevolent' EU masters.
www.thelocal.fr/20170916/france-slams-silicon-valley-for-skirting-tax-in-europe
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Brexit
Ireland, Apple and the final nail
158 replies
Carolinesbeanies · 18/09/2017 02:16
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