On Aug. 30, the European Union (EU) announced that the Irish Government’s tax benefits are illegal subsidies and technology giant Apple Inc must pay an additional 13 billion euros (US$14.5 billion) in taxes. Other technology behemoths, such as Facebook and Google, fear they may be next in the firing line to pay additional taxes.
As a way of enticing foreign companies to invest in Ireland, its government has for a long time provided companies with a favorable rate of corporation tax. However, other European countries have been unable to compete on a level playing field. The US government is also unhappy with the situation, since it cannot collect taxes on the profits of US companies made overseas.
According to the investigation carried out by the European Commission, Apple paid between 0.005 and 1 percent tax on the profits it made in European markets. Not only that, nearly two-thirds of the profits Apple made in other markets around the world pass through subsidiaries registered for tax purposes in Ireland.
Both the Irish government and Apple have already stated they intend to appeal the EU’s decision. How this case plays out will be crucial in determining whether America’s large corporations will decide to pull out of Ireland in the future, and will have a far-reaching impact on corporations with subsidiaries based in Europe.
(CNA, translated by Edward Jones)
1. tax benefit n. phr.
(shui4 wu4 you1 hui4 cuo4 shi1)
2. illegal subsidy n. phr.
(wei2 fa3 bu3 zhu4)
3. corporation tax n. phr.
(qi4 ye4 shui4)
4. subsidiary n.
(zi3 gong1 si1)
Pets are an inseparable part of people’s lives in the modern world. About 65 percent of US households have at least one pet. On a psychological level, pet companionship can bring better psychological wellbeing; on a biological level, our furry friends can boost human immunity. According to a report in Psychology Today, a review carried out by researchers from the UK’s University of Manchester found that the companionship of pets can result in better psychological wellbeing for people with mental health conditions. The diabetes research center of the University of Toronto’s Mount Sinai Hospital analyzed data from over 3 million people,
Let’s dine out tonight (3/5) 今晚我們去餐廳吃飯吧（三） A: Hmm. . . I can’t decide what to order. I’m hesitating between a lamb rogan josh or a beef vindaloo. B: Well, let’s order both and share the dishes. We can also order the tandoori king prawns that I was just eyeing up. A: The prawn dish will perfectly complement the bottle of Australian Chardonnay that I’ve brought along. It’s a great wine, with notes of peaches and lemongrass. B: Cool! Let’s also order some butter naan bread and pilau rice for two. A: 嗯……我無法決定要點哪一道菜。我正在猶豫要點喀什米爾羊肉咖哩，還是辛辣香料牛肉咖哩。 B: 啊，那我們兩個都點，然後分著吃吧。我們還可以點一份坦都里香料烤明蝦，我剛剛一直在看這道菜。 A: 這道明蝦應該能完美搭配我帶來的這瓶澳洲夏多內白葡萄酒。這瓶酒真的很棒哦，帶有桃子和檸檬草的香氣。 B: 酷！那我們也點一些奶油烤餅，和兩人份的香料米飯吧。 （Edward Jones, Taipei Times／台北時報章厚明譯） WARNING: Excessive consumption of alcohol can damage
Literary circles have been celebrating the legacy of late writer Eileen Chang, who would have turned 100 on Wednesday next week. Born in Shanghai, the legendary writer shot to fame in her 20s, and continued to write after moving to Hong Kong, and then the US, in the 1950s. Chang is one of the greatest female Chinese writers, and her classic works include Love in a Fallen City, The Golden Cangue, and The Red Rose and the White Rose. Many of her novels, such as Lust, Caution, were adapted into films and TV drama series. Based on Chang’s novel Aloeswood Incense
A: Hello, I’d like to book a table for two please. For 7 o’clock, if possible. B: Certainly, sir. Let me see if I can fit you in. I’m afraid we’re fully booked at that time, but we do have a space at 8pm. A: No problem, 8pm will be fine. B: Thank you. I‘ve reserved you a table for two for 8pm. Just to let you know, we operate a “bring your own” policy for wine, and corkage is NT$50 per bottle. A: OK. See you later on. A: 你好，我想要訂位，兩個人，方便的話晚上七點。 B: 好的，先生。讓我看看能不能幫您安排座位。不好意思，我們那段時間的訂位滿了，不過晚上八點還有空位。 A: 沒問題，晚上八點可以。 B: 謝謝您。我幫您預約晚上八點，兩個人的座位。另外，提醒您本餐廳關於「自行帶酒」的規定，每瓶酒酌收新台幣五十元開瓶費。 A: 好的。我們晚點見。 （Edward Jones,