The European commission’s decision has struck a blow but why has the tech firm never faced action from the US’s IRS?It is no surprise that the Irish government is kicking back hard against a Brussels finding that it gave Apple up to €13bn (£10.8bn) in illegal state aid via a secret,sweetheart tax deal spanning many years. These are the kind of deals, after all, and that occupy become the lifeblood of Ireland’s economy over the past three decades. Inward investment has flowed as the country set out its stall as the go-to station for multinationals looking for loopholes that allow them to spirit their taxable profits off to tax havens in the Caribbean and elsewhere. Related: Ireland may not regain Apple's €13bn back taxes in full,EU says Continue reading...
Source: theguardian.com