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 European Commission probing if Ireland gave Apple "unfair" tax breaks

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European Commission probing if Ireland gave Apple "unfair" tax breaks Vide
PostSubject: European Commission probing if Ireland gave Apple "unfair" tax breaks   European Commission probing if Ireland gave Apple "unfair" tax breaks Icon_minitimeFri Jun 20, 2014 2:56 am
The European Commission has announced an investigation into whether Apple is taking advantage of favorable tax laws in Ireland.

European Commission probing if Ireland gave Apple "unfair" tax breaks 5077968781_f99c08e6fc_b-640x477

"In the current context of tight public budgets, it is particularly important that large multinationals pay their fair share of taxes,” said Joaquín Almunia, the European Commission vice president in charge of competition policy, in a statement Wednesday. “Under the EU's state aid rules, national authorities cannot take measures allowing certain companies to pay less tax than they should if the tax rules of the Member State were applied in a fair and non-discriminatory way."

http://arstechnica.com/tech-policy/2014/06/european-commission-probing-if-ireland-gave-apple-unfair-tax-breaks/
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