What is the future for Northern Ireland

The Agrarian

Member
Mixed Farmer
Location
Northern Ireland
It's our Parliment. Our Parliment voted for the choices and consequences which followed the banking crisis. I don't like it, but I accept it as it's what our elected representatives passed into legislation.
We know some day we will have the bill paid off, and at that time the ECB can fudge off.

I don't think you'll tell them that actually.

Quite big news today in the financial world. EU court has ruled that ROIs tax treatment of Apple Inc was illegal, and that they need to cough up the tax. (It paid an overall tax rate of just 1%). Companies could now exit ROI in search of another tax haven.

"I disagree profoundly with the Commission," said Ireland's finance minister, Michael Noonan, in a statement.

"The decision leaves me with no choice but to seek cabinet approval to appeal. This is necessary to defend the integrity of our tax system; to provide tax certainty to business; and to challenge the encroachment of EU state aid rules into the sovereign member state competence of taxation."

So this doesn't actually end with the repayment of the debt obligations. This is how the EU is. What's yours is ours, and we shall instruct you in what to do with it.
 

james ds

Member
Location
leinster
I don't think you'll tell them that actually.

Quite big news today in the financial world. EU court has ruled that ROIs tax treatment of Apple Inc was illegal, and that they need to cough up the tax. (It paid an overall tax rate of just 1%). Companies could now exit ROI in search of another tax haven.

"I disagree profoundly with the Commission," said Ireland's finance minister, Michael Noonan, in a statement.

"The decision leaves me with no choice but to seek cabinet approval to appeal. This is necessary to defend the integrity of our tax system; to provide tax certainty to business; and to challenge the encroachment of EU state aid rules into the sovereign member state competence of taxation."

So this doesn't actually end with the repayment of the debt obligations. This is how the EU is. What's yours is ours, and we shall instruct you in what to do with it.
And behind it all Noonan is delighted to be getting an 8 billion bonus .
 

Goweresque

Member
Location
North Wilts
And behind it all Noonan is delighted to be getting an 8 billion bonus .

I doubt it, not least because the resulting extra Apple profits that will be added to Irish GDP will mean even larger contributions to the EU budget. The Irish government is very aware that if the multi-nationals up sticks and leave, the hit to the Irish economy will be many times any tax windfall from Apple. They will fight this all the way, in order to maintain their own tax sovereignty, and if they lose I wouldn't be surprised if Ireland decides to leave the EU with the UK.
 

The Agrarian

Member
Mixed Farmer
Location
Northern Ireland
What will the political mood be in the rest of the EU? Who wants ROI to be able to do special deals for large corps?

Strikes me that, just as some are urging pressure to give no special deals to the UK, so they will tell ROI to toe the line. And they have them by the balls anyway.
 

Ashtree

Member
Does anybody really believe that for example the French government doesn't prop up the French auto industry?
Peugeot and Citroen have always been mollycoddled by the government.
 

Goweresque

Member
Location
North Wilts
Does anybody really believe that for example the French government doesn't prop up the French auto industry?
Peugeot and Citroen have always been mollycoddled by the government.


Every government in Europe will at some point or other have given, and is continuing to give sweetheart deals to its national champion companies. Its what governments do. Ireland doesn't have such companies by and large, so chose to lure in foreign ones with advantageous tax deals.

To be honest this is all nothing to do with Apple, and everything to do with a power grab by the EU Commission. At the moment national governments have ceded many powers to the EU Commission, but closely guard their control of taxation, because whoever controls taxation effectively controls government spending, and whoever controls government spending is de facto in charge of the country, regardless of who votes for whom in elections. So by attempting to drag taxation policy into the remit of the Commission they are basically making a play to become the ruler of Europe. If individual countries tax rates are set by the EU Commission, then democracy in those countries is dead, gone, finished.
 

Ashtree

Member
Far to soon to be talking about border polls

Correct. However it's good to see the PSNI and the Garda getting closer to acting like an all island police force. Only way to beat the criminals taking advantage of the border for their own benefit. Somewhat surprised to hear the the loyalist thugs are more active criminally than the ex Provo's.
Loyalist gunmen ‘more involved in crime’ than ex-Provisionals
via The Irish Times
http://www.irishtimes.com/news/crim...olved-in-crime-than-ex-provisionals-1.2788766
 

baabaa

Member
Location
co Antrim
I don't think you'll tell them that actually.

Quite big news today in the financial world. EU court has ruled that ROIs tax treatment of Apple Inc was illegal, and that they need to cough up the tax. (It paid an overall tax rate of just 1%). Companies could now exit ROI in search of another tax haven.

"I disagree profoundly with the Commission," said Ireland's finance minister, Michael Noonan, in a statement.

"The decision leaves me with no choice but to seek cabinet approval to appeal. This is necessary to defend the integrity of our tax system; to provide tax certainty to business; and to challenge the encroachment of EU state aid rules into the sovereign member state competence of taxation."

So this doesn't actually end with the repayment of the debt obligations. This is how the EU is. What's yours is ours, and we shall instruct you in what to do with it.
no more leprechaun economics
 
Does anybody really believe that for example the French government doesn't prop up the French auto industry?
Peugeot and Citroen have always been mollycoddled by the government.

The reason for this is to do with unions. As we know the French are very militant, if the government in France is not seen to be acting in the interests of the workers, every haulier, farmer, trawlerman, you name it, blocks the roads and begins setting stuff on fire.

It was only the actions of Frenchmen that got The French government to do anything with the migrant camp in Calais- how long as it been there??!
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 80 42.1%
  • Up to 25%

    Votes: 67 35.3%
  • 25-50%

    Votes: 30 15.8%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 7 3.7%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,294
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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