Passionate drama competition marketing numbers atmosphere at intuition love hate money. Fans friends fires fans and friends. To go on you tube join us. To win for apple. And any new court has overturned a ruling that the u. S. Tech major must pay billions in irish bank taxes. Coronavirus pandemic has caused a massive search in grail freight well look at one of the busiest. Places d. W. Business robots and its great to have you with us and e. U. Court has told apple it will not have to pay 13000000000 euro. Oras in back taxes to ireland the company and the Irish Government successfully argued that apples low tax bill did not amount to state aid the decision overturns a 26. 00 steamrolling that apple broke e. U. Competition regulations the company paid irish tax rates as low as not points not not 5 percent European Commission says it will now consider its next steps which could include an appeal to the use supreme court. But we can speak now to dr charles garrott ven hes an International Tax expert at University College dublin in arent people watching this might be surprised to see the Irish Government arguing that it shouldnt receive this 13000000000 euro windfall and why is it arguing that. Well i suppose its for 2 reasons really we gave a ruling to our poll which essentially said this is what our tax loss or. The commission in athens reached a decision to serve well this is what your law should have certain. Number one i think we have to defend our rights to make our own tax laws and number 2 i think we want to defend. The fact that the money wasnt rolled according to our laws i dont think we could have started to argue well as far as were concerned our also if you dont know the lever please give it to us. So for those reasons i think we had to we had to take the case and of course even if we hadnt apple was going to take this case a novel would have won the case today anyway so i think it might have started relations with the if we hadnt supported them no action here and was there ever a genuine danger of apple leaving over this tax bill. And well i suspect not theyve been here for 40 years and i think one of the things that the people need to understand is apple isnt a brass place on a building somewhere unarmed its employees people here its embedded in the economy so im not so sure that they would have simply polar operation out of the country post and it was very important for them to take this case because of the importance of multinationals to the arch economy at 10 percent of direct employment in r. And comes through Foreign Companies and those are well paid jobs 33 percent of income tax is paid by them and 2 thirds of our Corporation Tax is paid by them so all apple might have left i think it would have been very difficult to attract more Foreign Direct Investment if you were to say to them well were telling you what our tax laws but were not going to stand over. And was about from the use perspective does the European Commission now need to change its approach to tackling what it sees is tax avoidance. Well when you say showed my view is not a choice am i i dont think stage 8 was our bridges our end to deal with the issue of International Types of weapons. And i dont think its the appropriate makan ism and so we need a Truly International approach to solving issues many of which arise simply from this much as between. Rules in Different Countries and this issue primarily arose because arlen sense that these are all companies were resident in the United States in the United States that they were resident in our own john as a result they were resident nowhere thats not really something stalemate can solve and im not sure its something the commission can solve. As to whether they will change their approach i dont know certainly i think the decision is not the defeats that many are making it out to be because. I believe that actually they won on the legal principle that they were trying to advance and that represents an extension of States Abrams from where they were before so theyve had that approach indorsed by the court at this point where they really lost was in the way that they applied those principles that they were on the court and so theyve theyve lost on principle but they they won on the law and so i dont believe they will back off using state law to to try to address these issues boss ultimately i think they need to be soft somewhere else. Or given thatll be interesting to see whether the commission does appeal against this ruling dr scholls gallivan from the University College dublin thanks so much for joining us thanks very much. Now one day after the u. K. Banned huawei from its 5 g. Networks i was security concerns the u. S. Government is also taking aim at the chinese tech for its imposing visa bans on the companys work as secretary of states mike peo who says that applies to huawei employees and workers from other chinese to the u. S. But these are involved in Human Rights Violations including in chinas western. Province its not clear how many workers will be affected but it does employ 194000. 00 people worldwide. Crisis has boosted business for freight trains all that toilet paper a medical supplies has got to get people somehow one of the routes seen a surge in cargo is the 11000 kilometer your asian linking china with germany. Its an epic journey and full of interruptions one bottleneck is the ballot in town of brest where the containers need to be reloaded the european track getting just narrower. Most of this cargo is from chinas northern provinces beijings aim to spur increased economic integration with europes export markets. Air freight rates have recently hit record highs making the cost savings for rail even more attractive. Its not as cheap as shipping but its quicker. Transport and quality over the it usually takes 25. 00 days for the freight to travel to poland. From point of origin to final destination which is probably the quality of the dog phenomena goldbeater cost the costs for a single container are about 5000. 00 euros over go. Traditions i would all. The freight trains between central asia and Eastern Europe could be quicker but antiquated tracks and all the red tape and borders would need changing plus passenger trains have priority on shared tracks meaning containers have to wait their turn. The pandemic has seen high demand for surgical masks as well as stationery and electronics for the home office. Thats led to 300 percent growth for a Logistics Company helmond and theres an environmental benefit. Was like its. Something that has perhaps been obscured by the pandemic but i think that its still an important criteria. By switching from air freight or road transport to Rail Companies can optimize their Carbon Footprint you see whats why belongs and squeaking to talk to no. One destination for chinese freight trains the port of hamburg. Here the trains face direct competition with sea cargo but the shipping companies arent concerned. Through the. Freight trains are not serious competition for shipping and over there a niche product thats enjoying growing popularity about 100000. 00 containers are transported by rail from china to hamburg each year. Compared with the 9000000. 00 containers that are shipped thats a negligible amount and for an artist to. Look whether railfreight will be competitive in the long run remains to be seen many chinese provinces subsidize the sector with state funds. They jean views the china to europe route as a test run for its mammoth new silk road. Out some of the other business stories making the news to plans economy is likely to shrink by 4. 7 percent this year thanks to the Coronavirus Crisis the bank of japan expects the economy to grow again next year but because its outlook extremely unclear and dependent on the consequences of demick. Google has become the latest high profile firm to back indias geo the search giant is investing 4500000000. 00 for a stake in the top indian Telecoms Network i would also develop a new smartphone but the company. Has tweeted his vision of. The latest gigafactory for tesla to produce cars and batteries the project is currently under construction just outside the german capital its plans to open next year employ over 10000. 00 people. And burger king is adding 11 grass to the diet of some of its beef. In order to lower the may faint emissions from cows by 33 percent a record especially. Reduced me fane emissions what is on sale in restaurants in miami new york. And finally if whining dos day does original costume or putting on tom cruises maverick pilot however it sounds appealing to you then finally is your chance to go on to action in los angeles next month along with a host of other hollywood props a look at this this is the stock lot its a spaceship used on the set of the original alien film 979. 00 to fetch the ha 1000000. 00. Has that darth vader costume hoping someones going to be willing to pay a quarter of a 1000000. 00 for that. And then theres that amazing helmets worn by tom cruise topped up yours for in the region of 50. 00 to 70000. 70 s. And thats all from me in the Business Team here in berlin if you want more from us to check out our website dot com slash business. Going through the conflict zone with Sarah Charlie my guest this week is involved with minister of Foreign Affairs and International Trade c bossi. So more. As a former army chief you was also the face of the military coup that propelled and but the palace will zimbabwe ever be able to see. Political and economic reforms. Like. Spain has seen 20000 covert 1000 related deaths in both peoples. How did it come to this. Turn such patients away. Dont treat the residents of the old peoples homes. Nonstop parents and many others want justice. Politicians play. In 60 minutes on d w. Carefully. To suit the needs to be a good. Match. To discover who. Subscribe. Documentary to. The we believe that we are on corruption problem solving fear that if you are right that a lot about highest levels of government why not just investigate. We have what you ted. Painful decisions to describe the economy more than 2 years ago zimbabwe and its long time grueling zandu p. F. Party appeared to be turning a corner when emerson and nongod what took office and promised a break from nearly 4 decades of Robert Mugabes brutal authoritarian rule and economic mismanagement
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