Amareos

Ryan Shea

Thematic (Sector/Industry)

The EU decision to order the Irish government to collect EUR13bn in back taxes from Apple has been a hot topic of debate in recent days.With many fed up with what they see as the ability of large supra-national companies to engage in tax regulation arbitrage the ruling has populist support. However, the Irish government is not pleased and finance minister Noonan has announced that he intends to appeal against the ruling even though the revenue it would generate equates to a quarter of annual government spending in Ireland – not an everyday occurrence.For Apple the decision, while significant – EUR 13bn is not pocket change even for a company renowned for its large cash reserves – is hardly a game changer and this is how the crowd appears to be viewing it based on the sentiment data we track. But, for Ireland, the EU’s actions are extremely significant.Saying that the low tax regime is the keystone of Irish macroeconomic policy hardly constitutes hyperbole. It is also a key element of national sovereignty. The Irish have no desire to see the EU encroach further in this area, but for the EU to complete its grand plan of monetary and fiscal union, encroach it must.It is these longer-term political and economic tensions that flow from the EU’s ruling on Apple’s tax bill that makes this such an important event for investors.

The EU decision to order the Irish government to collect EUR13bn in back taxes from Apple has been a hot topic of debate in recent days.With many fed up with what they see as the ability of large supra-national companies to engage in tax regulation arbitrage the ruling has populist support. However, the Irish government is not pleased and finance minister Noonan has announced that he intends to appeal against the ruling even though the revenue it would generate equates to a quarter of annual government spending in Ireland – not an everyday occurrence.For Apple the decision, while significant – EUR 13bn is not pocket change even for a company renowned for its large cash reserves – is hardly a game changer and this is how the crowd appears to be viewing it based on the sentiment data we track. But, for Ireland, the EU’s actions are extremely significant.Saying that the low tax regime is the keystone of Irish macroeconomic policy hardly constitutes hyperbole. It is also a key element of national sovereignty. The Irish have no desire to see the EU encroach further in this area, but for the EU to complete its grand plan of monetary and fiscal union, encroach it must.It is these longer-term political and economic tensions that flow from the EU’s ruling on Apple’s tax bill that makes this such an important event for investors.

Information Technology Consultant

Ishita Jain

The Greece government is running out of time and money. 320 billion euros is the size of their&nbsp;debt mountain. Money enough to carry out 15 Apollo moon landings!It owes 6.74 B euros in June (IMF and short-term bills), 5.95 B euros in July (IMF, ECB and short-term bills) and 4.38 B euros in August (IMF, ECB and short-term bills).They may default on their loans and reach the much dreaded&nbsp;<a href="http://lexicon.ft.com/Term?term=Grexit" target="_blank">Grexit</a>&nbsp;from Euro. Unless they find saviours and implement serious reforms&nbsp;quickly, the&nbsp;Greeks&nbsp;will come back to drachma, face inflation, unemployment and an abysmal fall in their GDP.While most industries are swimming against the tide to survive, the tourism industry is a proud exception. Greece is witnessing a summer flooded&nbsp;with tourists. Flights&nbsp;are full, beaches are bustling and hotels are&nbsp;full capacity. Will the inevitable debt storm&nbsp;end the vacation for the tourism industry? Let us deep dive.

The Greece government is running out of time and money. 320 billion euros is the size of their&nbsp;debt mountain. Money enough to carry out 15 Apollo moon landings!It owes 6.74 B euros in June (IMF and short-term bills), 5.95 B euros in July (IMF, ECB and short-term bills) and 4.38 B euros in August (IMF, ECB and short-term bills).They may default on their loans and reach the much dreaded&nbsp;Grexit&nbsp;from Euro. Unless they find saviours and implement serious reforms&nbsp;quickly, the&nbsp;Greeks&nbsp;will come back to drachma, face inflation, unemployment and an abysmal fall in their GDP.While most industries are swimming against the tide to survive, the tourism industry is a proud exception. Greece is witnessing a summer flooded&nbsp;with tourists. Flights&nbsp;are full, beaches are bustling and hotels are&nbsp;full capacity. Will the inevitable debt storm&nbsp;end the vacation for the tourism industry? Let us deep dive.

Greece's Travel & Tourism industry shines amidst crisis

Germany

United Internet AG operates as an internet services company. The Company provides landline and mobile internet access products, as well as cloud applications at data centers with fixed monthly fees and volume-based charges. United Internet serves consumers and business clients worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

United Internet (UTDI GR)

# AppleTax

The EU decision to order the Irish government to collect EUR13bn in back taxes from Apple has been a hot topic of debate in recent days.With many...

Amareos

Greece's Travel & Tourism industry shines amidst crisis

The Greece government is running out of time and money. 320 billion euros is the size of their debt mountain. Money enough to carry out 15 Apollo...

Ishita Jain

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)