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Thanks, that's helpful. Although, from your answer I take it that U.S. companies are, in fact, the major subjects of these high-profile EC enforcement actions a

by asr 9y ago

Thanks, that's helpful. Although, from your answer I take it that U.S. companies are, in fact, the major subjects of these high-profile EC enforcement actions and there are not actions of similar magnitude against EU companies that I've missed. (That could be entirely just and appropriate, of course.)

rbehrends 9y ago
It's mostly Apple that's an outlier here, with €13 billion owed (contingent upon the ECJ not overturning that), and that's over a period of 12 years. Amazon has to pay back €250 million, which is a pittance compared to their annual EU revenue of over €20 billion, and that was originally triggered by the LuxLeaks revelations, which are also hitting (say) IKEA, which is reportedly being investigated for over €1 billions in illegal tax breaks [1]. One interesting aspect of the Apple case is that the American federal government may not actually mind Apple getting slapped around a bit; Apple not repatriating its foreign profits has been an issue for quite some time, and that only works out for Apple because Apple can park those in tax havens abroad. [1] http://www.reuters.com/article/us-eu-ikea-taxavoidance/eu-regulators-to-examine-lawmakers-report-on-ikea-taxes-idUSKCN0VO19C http://www.reuters.com/article/us-eu-ikea-taxavoidance/eu-re...
Oletros 9y ago
No, all states have been found guilty of those ilegal aids, but they were not so high as Apple in Ireland