Reply to post: Thank you EC

Apple wants to buy Formula 1 car firm McLaren – report

MonkeyCee

Thank you EC

I'm glad that the EC is kicking Apple about it's tax arrangements. At least if they spend some of their sack of cash on doing something new it'll be better for all of us than it sitting offshore.

McLaren is an excellent high tech engineering company. Even without doing anything about cars, they should be able to improve Apple's manufacturing operations.

My tin-foil hat thoughts was that faced with the US and EU getting together and probably forcing Apple's hand on paying tax, Apple has a plan that involves setting up some suitably state-funded (and loved) industry and use that as a negotiating stick for a better tax deal. Buy a car company, start the negotiations about where you'll site your factory, in exchange for the usual backhanders.

Guess we're lucky Apple's not buying into the F35 project ;)

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