3 ms·
It seems a lot of people think this ruling has something to do with 1) the "double irish" which is doees not or 2) Irelands 12.5% corporate tax, which it doesnt
by astaunton 10y ago
It seems a lot of people think this ruling has something to do with 1) the "double irish" which is doees not or 2) Irelands 12.5% corporate tax, which it doesnt either.
The ruling, as far as the EU are concerned, is that Ireland gave Apple a deal more beneficial than anyone else. But the basis for this claim is how the tax was charged. Instead of charging Irish tax for all income for the company, they charged what was reported in Ireland. The issue that needs to be resolved is did they pay tax anywhere else on the remaining profits. The US said they did but the EU say they dont think so.