Saturday, July 6, 2013

Irish parliament's finance committee votes not to grill Apple over tax ...

?An Irish parliamentary committee has voted down calls for multinational companies to be grilled in Dublin about their tax affairs, in the wake of a string of controversies at firms such as Google and Apple which use the Irish tax regime,? Simon Bowers reports for The Guardian.

?Ciaran Lynch, chairman of the Irish parliament?s finance committee, is pressing ahead with a watered down inquiry, which he said would look at ?global taxation and how Ireland engages with the global tax architecture,?? Bowers reports. ?It will call on evidence from revenue commissioners, finance ministry officials, the Organisation for Economic Cooperation and Development and other experts. However, no company executive will face questioning.?

Read more in the full article here.

[Thanks to MacDailyNews Reader "Lynn Weiler" for the heads up.]

Related articles:
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Thomas Sowell on Apple, corporate taxes, and ?the road to serfdom? ? May 28, 2013
Former Senator Sununu: Congress wrote the tax laws, so why blame Apple for obeying them? ? May 28, 2013
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Apple: Good start; and what about the overseas cash? ? March 19, 2012
Apple?s foreign cash hoard piles up: $54 billion and rapidly growing ? January 11, 2012
Senator John McCain eyes Apple?s $54 billion overseas cash pile ? November 3, 2011
Google joins Apple in push for U.S. repatriation tax holiday ? October 3, 2011
Apple lobbies Obama for tax holiday, wants to bring overseas bounty home ? August 24, 2011
U.S Senate Democrat Schumer allies with Apple, other multinationals on repatriation tax talks ? June 21, 2011
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Apple, Oracle, Duke Energy, others organize lobbying blitz for tax holiday ? February 17, 2011

Source: http://macdailynews.com/2013/07/05/irish-parliaments-finance-committee-votes-not-to-grill-apple-over-tax-affairs/

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