kvnrp 48,353 Posted August 30, 2016 Share Posted August 30, 2016 Source / Full article: http://www.nytimes.com/2016/08/31/technology/apple-tax-eu-ireland.html BRUSSELS — Europe’s antitrust enforcer ordered Ireland on Tuesday to claw back up to 13 billion euros, or about $14.5 billion, from Apple for granting the American technology giant illegal tax breaks, a move that will ramp up trans-Atlantic tensions over how much global companies should pay in countries where they do business. The decision by Margrethe Vestager, the European Union commissioner for competition, is the culmination of a two-year investigation into whether Ireland gave preferential treatment to Apple, part of a broader crackdown on corporate tax avoidance. The clawback from Apple, which covers 10 years of back taxes, is one of the largest of its kind since theEuropean Commission, the executive arm of the 28-member union, started going after member states that favored selected companies. The European Commission has aggressively sought to stamp out sweetheart tax deals that countries strike with multinational companies. Along with Apple, the campaign has also ensnaredStarbucks in the Netherlands, Amazon in Luxembourg and Anheuser-Busch InBev in Belgium. Good, but they also better fix the legal loopholes that enabled Apple to do this in the first place. My dad told me the LG5 deal is cancelled now Link to post Share on other sites More sharing options...
97 1,140 Posted August 30, 2016 Share Posted August 30, 2016 I love this new "my dad told me perfect illusion/LG5 _____" thing 😂😂😂 I DON'T WANT YOUR MONEY, I JUST WANT YOUR SOUL HONEY. Link to post Share on other sites More sharing options...
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