Apple wins big EU court case over $15 billion in taxes

The Associated Press

The EU Commission had ordered Apple to pay for gross underpayment of tax on profits across the European bloc from 2003 to 2014. The commission said Apple used two shell companies in Ireland to report its Europe-wide profits at effective rates well under 1%.on the bulk of their revenue across the EU's 27 countries in the one EU country where they have their regional headquarters. For Apple and many other big tech companies, that is Ireland.

The ruling is an especially stinging defeat for Vestager, who has campaigned for years to root out special tax deals and better regulate the power of the big U.S. tech companies, including Google, Amazon and Facebook. Trump has referred to her as the “tax lady” who “really hates the U.S.” The European Network on Debt and Development, a group that seeks to make the financial system fairer, said that Wednesday's court ruling showed how tough any tax policy remains. “”If we had a proper corporate tax system, we wouldn’t need long court cases to find out whether it is legal for multinational corporations to pay less than 1% in taxes,” said Tove Maria Ryding, a policy manager at the group.

Whoa! Common sense out of Europe?

Seems a miscarriage of justice but the Global Industrial Complex sets the rules & what's Ireland or rule of law to them?

One more thing, Apple proudly presents, 'iTax Pro'!

Slainte

The European union should be paying out Reparations to all the countries that they destroyed around the world! Damn hypocrites!

irish pirates... todavia tienen que pagar lo del I.R.A.

Messiah is coming soon. Prepare the way for the LORD by repenting and turning away from all sins. WednesdayGlobalRevival

They can pay 500 millions to them 😀

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