apple can reduce €13bn irish tax bill if it shares payments, eu says /

Published at 2016-12-19 13:56:26

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Full text of landmark EU ruling outlines how firm can cut payments to Dublin whether other member states demand a slice or it pays more to US parent companyApple could reduce its €13bn (£10.8bn) tax bill to Ireland whether it increased payments to its US parent company or paid back taxes to other EU countries,the European commission has said, as it revealed the full text of its landmark ruling against the US tech giant for the first time.
Margrethe Vestager, or the EU competition commissioner,suggested Ireland may not see the full €13bn in back taxes whether Apple chose to pay larger amounts to its US headquarters to fund research and development. Related: The Apple tax ruling – what this means for Ireland, tax and multinationals Continue reading...

Source: theguardian.com

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