Reply to post: Re: This:

Apple hands €14.3bn in back taxes to reluctant Ireland

I ain't Spartacus Gold badge

Re: This:

It might impact Ireland's GDP, and therefore contribution. Remember when we retrospectively added some drug dealing and prostitution to our GDP and then had to pay a chunk extra over the Commission for the past revisions.

But the EU budget isn't that granular. Nobody gets any money back, because Ireland have handed over more - as the EU budget is set at about 1% of GDP. I think it might be something like 1.03% or something, but can't remember or be bothered to check.

A bit like that episode of Yes Prime Minister where Sir Humphrey says that the Treasury doesn't like handing back money, just because they haven't got anything to spend it on. They tend to ask for as much as they think they can get away with, and work out what to do with it later.

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