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Just from reading the article: "the Commission says both companies should have been taxed by Ireland on the basis of their worldwide income." "These profits a
by antr 10y ago
Just from reading the article:
"the Commission says both companies should have been taxed by Ireland on the basis of their worldwide income."
"These profits allocated to the 'head offices' were not subject to tax in any country under specific provisions of the Irish tax law, which are no longer in force."
It seems it is not an Irish problem, but more a European one, and it appears that there are some technicalities that allow the EU to request Apple to pay taxes.
Let's not forget that regardless of Apple complying with local tax authorities, these laws may be against EU treaties... "[the Treaty] generally prohibits State aid unless it is justified by reasons of general economic development"1
Let's see how this pans out.
1: http://ec.europa.eu/competition/state_aid/overview/index_en.html http://ec.europa.eu/competition/state_aid/overview/index_en....