Source: www.eteknix.com --- Wednesday, October 04, 2017
I’m glad that’s not my tax bill! In 2016, the EU launched a number of investigations into company tax procedures within the EU. Specifically, those who are paying them, who still owes them and who is dodging them. Following an EU commission investigation into Apple, it was found that the technology giant owes Ireland over €13b in unpaid taxes. This was I might add before Apple decided to move it’s iTunes headquarters there . Also for suspicious tax reasons. Following an EU commission investigation into Apple, it was found that the technology giant owes Ireland over €13b in unpaid taxes. As such, the commission ordered that the amount had to be paid and it was Ireland’s responsibility to get it back. Well, here we are, nearly one year on and there’s a slight problem. Ireland hasn’t managed to recover any amount of note from Apple. Therefore the €13b tax debt remains outstanding. The story isn’t quite as explosive as their iPhone8 , but still, shocking! Why hasn’t Apple paid the bill? Well, in a report via Reuters , the reasoning is quite bizarre. Put simply, it seems that the Irish government hasn’t tried to claim it or the very least, hasn’t made much progress. At this point, might I add that I wish I paid taxes to the Irish government if this is how they treat tax owed. Based on this, the EU is taking the matter to court. Apple though isn’t going, it’s Ireland. Yes, the EU courts are bringing Ireland in to ask them why they hav ...
from Apple http://ift.tt/2wxreDq
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