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| Cook urges Ireland to reform the tax system and regulate privacy |
Everyone thinks that global corporate tax systems need to be revised to reflect changes in the global rules being considered, Apple CEO Tim Cook said Monday.
The growth of Internet giants such as Apple pushed the boundaries of international taxes to the limit, and pushed the Organization for Economic Co-operation and Development (OECD) to institute global reforms that include corporate taxes on multinationals.
The revised reforms focused on keeping profits from multinationals in low-tax countries, such as: Ireland has rules and regulations - Cook spoke on Monday - rather than looking for most customers.
Cook said: "Logically, I think everyone knows that (things) need to be reorganized. I'm definitely the last person to say that the current system or the previous system is the ideal system. Cook said," Hope and optimism, they (OECD) will win something. "
After receiving the award from the opening ceremony of the Irish government agency responsible for attracting foreign companies, Apple CEO added: "It is very reasonable to know how to tax multinationals. We want them to do so in a fair manner."
One of Ireland's largest multinationals, Apple Corp, has 6000 employees and has filed a complaint with the Irish government about the European Union's request that Apple pay a late payment fee of 13 billion euros (14.41 billion euros) USD in Dublin. The appeal of the second highest court in the European Union began last September and could take years. Cook said: "Apple firmly believes that" the law should not change, "and the company has full confidence in the judicial system.
Apple CEO also said more data protection regulations are needed and should bypass data protection laws in the European Data Protection Regulation 2018, which gives regulators more power. "I think there should be more regulation in this area, and it may be strange for businessmen to talk about regulation, but it is clear that companies in this field are not controlling themselves," he said. He explained.
"We were one of the first countries to accept European data protection systems and found it very good, not just in Europe. We found it necessary, but not enough." You have to go further to restore confidentiality as it should be. "The required level."