John Paczkowski

Recent Posts by John Paczkowski

Ireland: We’re Not Apple’s “Holy Grail of Tax Avoidance”

holygrailIf Apple has “sought the Holy Grail of tax avoidance,” as Sen. Carl Levin (D. Mich.) of the U.S. Senate Permanent Subcommittee on Investigations claims, the company didn’t find it in Ireland. Because, according to the Irish government, Ireland is “a highly tax-compliant country.” And if it’s allegedly being used as a tax haven by companies like Apple, it’s because loopholes in U.S. tax law allow it to.

“[These] are not issues that arise from the Irish taxation system,” Ireland’s Deputy Prime Minister Eamon Gilmore said Tuesday, responding to a U.S. Senate investigation that alleges that Apple dodged taxes on tens of billions of dollars in profits held in Irish subsidiaries. “They are issues that arise from the taxation systems in other jurisdictions and that is an issue that has to be addressed first of all in those jurisdictions.”

Gilmore’s comments come ahead of Apple CEO Tim Cook’s testimony before a U.S. Senate hearing into the company’s offshore tax practices. Cook is expected to be grilled on Senate investigation findings that allege Apple moved billions of dollars in profits to subsidiaries in Ireland to significantly reduce its tax liability. Apple vehemently denies this, arguing that it does not use its Irish subsidiaries as “tax gimmicks.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik