As many know, because already have treated this same topic in other occasions, Apple has a species of relationship fiscal excessively friendly in Ireland, the country that is the base of all its operations in Europe. However, the Union European and their bodies put in 2014 the eye in this relationship so “idyllic” between Apple and the country referred, since according to them data tax, to Apple curiously you goes quite badly in the rest of countries of the Union economic European. Ultimately, many economic-themed media start echoing the possible sanction that Apple will receive because of this trickster practice is carried out in Ireland.
Half The Financial Times ventures to summarize that the failure of the European Commission responsible for ensuring this issue is close to being issued, so close to be issued as far from being favorable to Apple. In short, the company of Cupertino should prepare is to face a future blow economic and fiscal. Perhaps it more worrying for Tim Cook is how going to handle the housing business of Apple in Europe starting from now, or at least starting from that the Commission European finish by melt all the ice cream.
Expected a rather adverse ruling for Apple by the European Commission. Meanwhile, United States of America also plans to potential commissions of inquiry. The European Union is an authority on taxation of supranational status, ready to change the rules of the game so that companies like Apple does not take advantage of the loopholes.
This is precisely one of the reasons exist for the European Union, both to facilitate this type of intra-Community transactions and the arrival of international capital, such as deterring possible fraudulent movements that corrupt the natural evolution of the market.
We explain where is the trick, the Idyll of Apple in Ireland
Margrethe Vestager is at the head of this Commission in Brussels which has been investigating Apple since they alerted about his preferential treatment in Ireland, through the establishment of certain preferences in the own legislative base. At least that was the draft report that were obtained during the year 2014.
The Commission accuses Apple of save more than 10 billion dollars ($10.000.000.000) transferring money from its offices in the countries members of the EU to Ireland. This is where we ask “why?”, we are going to do an exercise in financial law. Must have in has that in the Union European have of what is known as “free movement of people and capital”, therefore, is so easy take money from Spain to Germany, as of easy is travel for a person considered citizen European. Where does the trick then? Easy, most countries of the European Union have similar to this type of activity tax, or are subject to the recommendations of the TTEE, however, in the Irish State Apple enjoys a ultrareducida rate of 2%, 10.5% below tax companies and societies that affect the rest of Ireland.
Thus Apple alters the market, literally declaring losses in Spain, while in Ireland it says soaring gains, where it is much easier to regularise those benefits, because they will only have to pay a 2% tax of companies/firms according to existing national regulation. So is how Apple has been able to regularize disproportionately around ten thousand million of dollars.
However, it is not the first company that takes advantage of this type of stratagems, some countries, by economic problems in the crisis, decided to attract foreign investment in return for tax benefits out of the competition, as if a phone company offering reduced fares were. Then adds Apple to a State where find anniversaries such as Amazon, Google, IKEA and Starbucks. Hope that this explanation, that has been simplified to the exhaustion (strike tell that missing technicalities and not is has been excessively specific with certain terms in the interests of facilitate the reading and compression) you has served to understand them intricacies of this activity that just handicapped to the market European general.
