EU insists that Apple pay extra billion in tax

Stefan Mileschin · 3rd September 2016, 06:00

The European Commission is expected to tell Apple that its cosy arrangement with Ireland is tax evasion and it owes Dublin a billion euro.

The Commission accused Ireland in 2014 of dodging international tax rules by letting Apple shelter profits worth tens of billions of dollars from tax collectors in return for maintaining jobs. Apple and Ireland rejected the accusation and claim it is not up to the Commission to decide how much tax Jobs’ Mob pays. Both have said they will appeal any ruling.

When it started looking at Apple in 2014, the Commission told the Irish government that tax rulings it agreed in 1991 and 2007 with the iPhone maker amounted to state aid and might have broken EU laws.

http://www.techeye.net/business/eu-i...billion-in-tax

3rd September 2016, 06:00	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,578	EU insists that Apple pay extra billion in tax The European Commission is expected to tell Apple that its cosy arrangement with Ireland is tax evasion and it owes Dublin a billion euro. The Commission accused Ireland in 2014 of dodging international tax rules by letting Apple shelter profits worth tens of billions of dollars from tax collectors in return for maintaining jobs. Apple and Ireland rejected the accusation and claim it is not up to the Commission to decide how much tax Jobs’ Mob pays. Both have said they will appeal any ruling. When it started looking at Apple in 2014, the Commission told the Irish government that tax rulings it agreed in 1991 and 2007 with the iPhone maker amounted to state aid and might have broken EU laws. http://www.techeye.net/business/eu-i...billion-in-tax

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