🇪🇺⚖️ Today is a good day for European citizens, tax justice, and fair competition.
In its final judgment, @Curia has confirmed our 2016 decision that Ireland granted illegal aid to Apple, requiring the release of up to 13 billion euros in unpaid taxes.
The court has also upheld our decision against Google for abusing its dominant position by favouring its own comparison shopping service and the resulting €2.4 billion fine.
#EU
reshared this
FediThing 🏳️🌈
in reply to European Commission • • •Hahaha! Yay! 👏
So, Apple has a €13 billion bill and Google has a €2.4 billion bill? And that money will go towards whatever taxes pay for? Sounds like a pretty good day indeed 👍
Frank
in reply to European Commission • • •Or is it going, as usual, torwards your own salaries?
FediThing 🏳️🌈
in reply to Frank • • •@the_alsatian
The €13 billion bill from Apple goes to Irish taxes, i.e. hospitals, schools, public services etc.
The annual wage bill for the Irish parliament is about €0.02 billion, and that is already covered by existing taxes. They don't get any bonuses if tax incomes go up.
Similar situation for the €2.4 billion from Google, but (I think?) it goes to the EU kitty so it could go on EU infrastructure projects etc.
Frank
in reply to FediThing 🏳️🌈 • • •But we all know what happens with that much money and European counsel
Rihards Olups
in reply to FediThing 🏳️🌈 • • •FediThing 🏳️🌈
in reply to Rihards Olups • • •@richlv
I'm not sure how EU fine money is distributed, I am guessing it is put into the general budget as this is what most governments do.
Frank
in reply to FediThing 🏳️🌈 • • •I would have preferred a Com from the EU once this is clear and precise. Otherwise it is just a marketing gag post.
FediThing 🏳️🌈
in reply to Frank • • •@the_alsatian@mastodon.social @richlv
Don't be ridiculous, there is a published budget every year:
commission.europa.eu/strategy-…
When I said I am not sure, it's because I have better things to do with my time than browse through financial documents right now.
2024
European CommissionRihards Olups
in reply to FediThing 🏳️🌈 • • •@FediThing The trolling is strong with that one. So strong, it almost seems like a russian trollfarm persona 😀
Anyway, back to kitties... I guess the rich EU kittie might look like this one ;)
Proletarian Rage
in reply to Frank • • •How Big Tech Generated Billions In Fines... Then Didn't Pay Them
BarronsWhat's a fun name?
in reply to European Commission • • •Piero Bosio
in reply to European Commission • • •George
in reply to European Commission • • •European Commission
in reply to George • • •Piero Bosio
Unknown parent • • •@Truth4ever
There is no capital without an oligarch and vice versa: there is no oligarch without capital.
An oligarchy is government by the few. And the Oxford Dictionary defines “oligarch” as an “extremely rich and powerful person, especially a Russian who became rich in business after the end of the former Soviet Union.”
For example, in my opinion, Bill Gates, Jeff Bezos, Mark Zuckerberg, etc. they are oligarchs.
Göran Klarén
in reply to European Commission • • •Igigog
in reply to European Commission • • •doom_biscuit
in reply to European Commission • • •If only American legislators gave a half a shit about their constituents. Unfortunately, Apple and Google buy our representatives, so we have no say in how we're governed.
gigantos
Unknown parent • • •Hi
in reply to European Commission • • •