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EU Takes Ireland To Court For Not Claiming Apple Tax Windfall (reuters.com)
Philip Blenkinsop, reporting for Reuters: The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple, a move labeled as "regrettable" by Dublin. The Commission ordered the U.S. tech giant in August 2016 to pay the unpaid taxes as it ruled the firm had received illegal state aid, one of a number of deals the EU has targeted between multinationals and usually smaller EU states. "More than one year after the Commission adopted this decision, Ireland has still not recovered the money," EU Competition Commissioner Margrethe Vestager said, adding that Dublin had not even sought a portion of the sum.
No, it's actually based on decency. And Europe isn't Socialist. It's Democratic Socialist which means certain things are sacrosanct (e.g. health care, education, etc.) and everything else is fair game as long as the rules are followed.
In Europe you generally don't see headlines about how some big corporation just reported its largest profit in its entire history and is also laying off thousands of workers.
Anonymous Cowards generally receive no replies because you're a coward and I'm a bitch
No, it's so they can funnel all the revenue earned GLOBALLY through Ireland.
EU as a whole, and most member and quasi-member nations, believe in social welfare, not corporate welfare. The US is different in this regard. Americans are against social welfare, but very much in favor of corporate welfare, under the misguided belief that this will translate into jobs.
It doesn't of course. Less taxes means more profits but more profits doesn't lead to more jobs. But since Americans are against social welfare, they have a comparatively poor public education system, so it's hardly surprising that the average american voter can not understand much more than rudimentary economics. Just look at how much they confuse the concept of a government budget with that of their own personal budget. Utterly senseless.