Tuesday, August 30, 2016

Don't bite the Apple

European Union Commissioner for Competition Margrethe Vestager discussing the massive tax finding against Apple's operations in Ireland --

Whatever the issue Apple may have with the U.S. tax code is not an issue for us.

European Commission spokesman Margaritis Schinas discussing the dead-parrot status of the Transatlantic Trade and Investment Partnership (USA-EU trade deal) --

Although trade talks take time, the ball is rolling right now and the Commission is making steady progress in the ongoing TTIP negotiations.

How can Eurocrats simultaneously argue that the impact of the American tax code on the European operations of multinationals is nothing to do with them AND that the EU and USA really need to conclude a trade deal which would involve even more activities of each other's companies in the other's markets?

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