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Technology Stocks : Apple Inc.
AAPL 269.05-0.5%Nov 3 9:30 AM EST
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To: BDAZZ who wrote (175395)9/30/2014 1:44:02 PM
From: Pete_Y_487 Recommendations

Recommended By
CHRIS LINELL
JP Sullivan
mw1
SirWalterRalegh
Stock Puppy

and 2 more members

  Read Replies (2) of 213172
 
How can you fine a company for paying their government issued tax invoice correctly?

The answer is you can't. Besides technically the EU commission can't fine anyone.

The worst case scenario is that the EU finds that Ireland gave "state aid" to Apple by doing something special with their tax agreement. The commission then slaps Ireland on the wrist and tells them that they can't do that and , Oh, by the way, you (Ireland) need to correct your previous booboos.

The expectation is that Ireland would then go to Apple and ask for whatever the EU feels was appropriate for some period of time.

There are way too many unknowns in the scenario. The first step is that they have to find that Ireland gave "state aid". If they didn't (and Ireland and Apple state they didn't) then the whole kerfuffle is over. Germany and France (the instigators, and of 'give free money to AirBus' fame [that's not state aid, I say]) will have to pick up their balls and go home.

Basically it's the EU appearing to do something about those drat Irishmen who have established themselves as a great location for corporate headquarters.
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