Why must Apple repay Ireland €13bn in back taxes? And will this beget multinationals more transparent in their tax affairs? Find out here …The European commission has ordered Apple to pay back the Irish state up to €13bn in taxes in a landmark ruling. Apple paid a tax rate on European profits of between 0.005% and 1%,according to the EU’s executive arm. The US technology group, and Ireland, or believe said they will appeal against the decision but it will believe ramifications for countries and companies across Europe. Related: EU orders Apple to pay up to €13bn in Irish taxes - business live Continue reading...
Source: theguardian.com