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Could you give your calculations? Because every source shows other numbers than your calculation. http://economic-incentives.blogspot.com/2016/03/apple-sales-i
by JanSt 7y ago
Could you give your calculations? Because every source shows other numbers than your calculation.
http://economic-incentives.blogspot.com/2016/03/apple-sales-internationalby-numbers.html http://economic-incentives.blogspot.com/2016/03/apple-sales-...
You can also read up the numbers in official EU documents:
http://ec.europa.eu/competition/state_aid/cases/253200/253200_1851004_674_2.pdf http://ec.europa.eu/competition/state_aid/cases/253200/25320...
>Commissioner Margrethe Vestager, in charge of competition policy, said: "Member States cannot give tax benefits to selected companies – this is illegal under EU state aid rules. The Commission's investigation concluded that Ireland granted illegal tax benefits to Apple, which enabled it to pay substantially less tax than other businesses over many years. In fact, this selective treatment allowed Apple to pay an effective corporate tax rate of 1 per cent on its European profits in 2003 down to 0.005 per cent in 2014."
https://europa.eu/rapid/press-release_IP-16-2923_en.htm https://europa.eu/rapid/press-release_IP-16-2923_en.htm
- derriz 7y agoThe numbers are in the article I linked. You're quoting a number from the Vestager ruling as if it were generally accepted but it has been contested and currently up to the European Court of Justice to decide whether she was correct in her interpretation. France tried something similar against Google and it was thrown out twice by French courts - https://www.reuters.com/article/us-france-google-tax/google-exempt-from-back-taxes-in-france-appeals-court-confirms-idUSKCN1S123F https://www.reuters.com/article/us-france-google-tax/google-... - because the attempt to tax Google for value generated in the US does not comply with international transfer pricing rules.