Fri 15th Dec 2017
In December 2017, the IT company, Apple, agreed to pay Ireland back nearly $15bn in unpaid taxes. Apple CEO Tim Cook has talked about the need for companies to have a social conscious.
The parasitic, super-rich migrants in Mustique and Canouan have had tax and customs duties exemptions for decades and these parasites should pay back the billions of tax they have avoided paying.
It’s a shame these super-rich, parasitic migrants have no social conscious and continue to avoid paying tax.
Apple has used Ireland to filter its European profits through Ireland, thereby avoiding heavier US and European tax rates. The European Commission (EC) got curious about such tax avoidance and ruled in August 2016 that Apple effectively had state aid, in that, it was paying less tax than other businesses.
The EC said that was such actions were illegal state aid.
The Mustique Act no. 48 of 2002 gives the parasitic, super-rich migrants in Mustique and Canouan tax and customs duties exemptions. This, in effect, is state aid from the ULP government, as the parasitic, super-rich migrants in Mustique and Canouan are paying less tax than other businesses in SVG.
These parasitic, super-rich migrants in Mustique and Canouan gain an unfair advantage over local businesses owned by Vincentians, as Vincentians have to pay tax. Hotels and apartments owned by Vincentians cannot compete with the hotels and apartments owned by the parasitic, super-rich migrants in Mustique and Canouan, as these parasites have lower overheads.
This is grossly unfair. These parasites are leeches on our economy and society.
The EC demanded Apple pay back the tax it had managed to bypass. It is only right that the parasitic, super-rich migrants in Mustique and Canouan pay back the billions in tax they have managed to bypass over the decades.
The $15bn billion covers the period 2003 to 2014 when Apple, which has its European, Middle East, and Africa HQ in Cork, in southern Ireland, paid Ireland 0.005 percent corporate tax, instead of the country's normal 12.5 percent rate in a sweetheart deal called a "tax ruling".
The parasitic, super-rich migrants have been avoiding paying tax since about 1989. They are certainly no ‘sweethearts’ to the people of SVG and must pay back the tax avoided like Apple.
The parasitic, super-rich migrants in Mustique and Canouan have been given blanket tax and customs duty exemptions for life. They are riding on the backs of the black population in SVG and no doubt enjoy watching poor Vincentians suffer, so that they can bring out the Mustique Charity to look like good and decent people who are helping our people. This is disgusting!
Irish finance minister Paschal Donohoe says "Ireland has and will play its role in what's needed to deal with the issue of aggressive tax avoidance… and companies should pay their fair share".
Dear parasitic, super-rich migrants in Mustique and Canouan: ‘pay your fair share’ or pack your bags and go back to where you come from.
There is extreme economic inequality in SVG, fuelled by the tax evasion and avoidance of the parasitic, super-rich migrants in Mustique and Canouan. It is a plague on our country and caused tens of thousands of people throughout SVG to live in poverty and deprived the poor of vital education and health services.
The tax avoided by the parasitic, super-rich migrants in Mustique and Canouan is more than enough money to provide the vital medical facilities needed to prevent the premature deaths of mothers, babies and children in SVG.