Re: good luck with that
> but if they're faced with losing a whole market they'll pay
They already have paid tax on the prince sums they already made. Things should only change going forward but who knows in Euroland (having to play under Euro rules is why Euro large caps have been destroyed by S&P 500 large caps since WW2). Again as you say this is more an EU vs Ireland (and a few others) than vs Apple. Yes Apple will play ball but as the poster above mentions probably the end result will be a lot more countries get a piece of the pie but my guess is over time the pie will actually diminish if the effective tax rate goes up because a lot of the money these companies are paying tax on are not on revenues generated in Europe. What these corporations do a lot of when dealing with other corporations is pay each other in the most tax friendly nation whenever possible, as well as borrowing money in high corporate tax rate countries (operating expenses, M&A, etc) and paying it back in low ones among many other tricks.
Biting the hand that feeds IT
