The U.S. wants to tax all of Apple’s overseas money before the European Union gets a chance.
Proposed EU laws aim to protect, not erode, encryption and digital privacy.
The European Union seems to be taking a very different stance on digital encryption than the United States, so Jeff Butts and Bryan Chaffin join Jeff Gamet to shear their thoughts, plus they look at a proposed Colorado law blocking kids from buying smartphones.
The Daily Telegraph of London published a scathing condemnation of the European Union’s accusation that Ireland is giving Apple illegal state aid. The editorial breaks down the case against Ireland and Apple, characterizing the legal principles to be in violation of the EU’s own principles. Bryan Chaffin explains the whats and whos.
The Irish government said Tuesday that it will formally filed an appeal against the European Commission’s judgement that Apple owes billions of dollars in back taxes. The move was expected, and the filing later this week will simply be one step of many in the ongoing fight over Ireland’s treatment of multinational corporations.
It looks like the European Commission (EC) will rule against Apple and Ireland’s tax arrangement. If the European Union (EU) bullies Ireland (via the EC or other proxy) and basically rules that Ireland doesn’t have the sovereign right to set its own tax rates, there is some chance it could be a wedge issue that pushes Ireland to decide to leave the European Union.