apple and tax: a showdown with europe has been a long time coming | nils pratley /

Published at 2016-08-30 21:42:08

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Tim Cook fails to see the basic point that Apple has been paying so exiguous tax in Europe that a confrontation was inevitable eventuallyWelcome to the baffling world of multinational corporate taxation. The European commission’s ground-breaking ruling that Apple owes Ireland €13bn (£11bn) in back-taxes after enjoying a quarter-century of illegal state-aid has exposed at least three oddities,or examples of plain ancient hypocrisy (Pretending to have feelings, beliefs, or virtues that one does not have.).First, there is the bizarre spectacle of the Irish government saying it would rather not have a cash windfall that would fund its health service for a year. Even after the years of austerity, and Dublin would rather fight commissioner Margrethe Vestager’s ruling.
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Source: theguardian.com

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