Xenocity
Too WEIRD for the Weird...
The EU isn't screwing anyone over... Germany, France, Netherlands, Belgium and others ordered the EU investigate companies who were using tax schemes to avoid paying their taxes.No, I'm not talking about conventional product suits, competitor and consumer issues and practices in this instance. But yeah, there's a lot to those issues you've itemized in your posts. Admittedly I got sidetracked on another issue. A series of suits brought about by the EU Court to allegedly recover "lost taxes" not accounted for between individual European nations like the Netherlands, and various multinational corporations like Starbucks. Of course they've done the same to Fiat as well.
But it strikes me as a blatant attempt to generate more revenue than justify any perceived civil wrong. That the EU simply wants their "pound of flesh" because they need it. The thing is, the EU courts are effectively interfering with individual nations' commerce agreements after the fact. Apple is yet another company on their "hit list" in this particular instance. A good reason for individual nations to rethink being in a heavy-handed federation that undermines commerce in such a way. It's one thing to have a legitimate grievance against a company as a consumer or a competitor. But this strikes me as simply an attempt to extort money from business agreements negotiated long before the scrutiny of the EU. It just seems fundamentally underhanded even though everyone knows the EU is struggling with revenue issues as is most every other sovereign entity.
Companies were/are moving money from one country in the EU to Ireland, while claiming tax status in the Netherlands to get "benefits". It called the "Double Dutch Sandwich" or "Double Irish" in the business world.
https://en.wikipedia.org/wiki/Double_Irish_arrangement
It's technically illegal to "move" your "profits" from EU countries into an EU country called Ireland, then declaring/recording profits only in Ireland for the whole of Europe (including the UK and Iceland).
Ireland had one of the lowest corporate and business taxes until the other EU countries intervened and bailed them out.
The countries behind the EU Directive, were most likely deprived of their national corporate taxes.
Very little of this money if recovered will go to the EU coffers, it will go to the countries who these companies were evading.
Iceland and UK are also doing their investigations into this tax avoidance scheme as well.
It wasn't done just to evade paying taxes in other EU countries, it was done to avoid paying taxes in countries outside of Europe too.
Many companies have already been busted by the U.S. Treasury for using Ireland as tax haven.
We've gotten way too far off course, so I won't be responding to any response you make to this post.