Ireland Will Bring the Fight Over Apple Taxes To the EU Court (digitaltrends.com)

An anonymous reader quotes a report from Digital Trends: The tax debate between Apple, Ireland, and the European Union may escalate in the next few months. According to recent reports, the Irish Finance Minister, Michael Noonan, will bring the debate to the EU court, a move that could trigger a years-long court battle. The battle stems from a European Commission finding that Ireland had been giving Apple tax breaks, something that has attracted a number of multinational employers to Ireland. The EU, however, has ordered the practices to change. After a three-year probe into Ireland's relationship with Apple, the European Commission ordered Ireland to collect $14.5 billion in back taxes from the company. That is the largest state-aid payback demand in history. The decision has been the subject of criticism, particularly from this side of the Atlantic. The U.S. Treasury Department says the decision is a threat "to undermine foreign investment, the business climate in Europe, and the important spirit of economic partnership between the U.S. and the EU." Apple has also vowed to fight against the EU decision, and those appeals will follow the ones already pending in Luxembourg, where the EU is headquartered. Those pending appeals include cases against Starbucks.

Comments

The US Treasury REALLY meant to say

[Anonymous Coward]

'this is a threat to the US collecting taxes on this revenue, it belongs to the US keep you're dirty hands off it!'

Re: Now, those are some docile politicians!

[ShanghaiBill]

These tech companies overwhelmingly supported Hillary, not Trump. She's the darling of Wall Street and Silicon Valley.

Indeed. Here is an exhaustive list of everyone in Silicon Valley who supported Donald Trump:

1. Peter Thiel

Re:Funny

[ShanghaiBill]

What do you use to pay for food and shelter then?

You obviously have no background in small business accounting.

He sleeps in his home office (which has a spare bed) and he eats at business meetings with his partner/spouse, and his contractors/children.

Re:screw crApple

[roman_mir]

I already answered this about 10,000 times, I don't want any government doing anything, from infrastructure, to health care, to education, to money, to insurance, to police, to fire, anything even including defence (should be done privately with a private company being hired to do so and has to be paid upfront with war bonds if necessary). Nothing should be done by any government whatsoever.