Apple Ordered to Pay Up to $14.5 Billion in EU Tax Crackdown →

· · 3 Comments

Dara Doyle:

Apple Inc. was ordered to repay a record 13 billion euros ($14.5 billion) plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill.

When you go to a store and get a deal, if the store screws up, it pays the difference to whomever. Why should Apple be the one to pay and not Ireland itself, for not adhering to EU tax laws?

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  • Because ultimately it would be paid by Ireland citizens, not people who made a decision to slash Apple taxes. And this is not the right punishment.

    Besides, most likely it didn’t look like “Hey Apple, we will slash your taxes out of goodness of our heart”. I bet Apple didn’t protest when they slashed their taxes or even said something like “if you offer more attractive taxes, we will move some of our operations to your country instead of some other country” like all big companies in such cases. So they aren’t innocent.

    Only problem I see here is that most likely officials who allowed this won’t be punished. In my opinion they should be (for “selling” to some company instead of serving citizens) together with a company (for accepting this, knowing that it’s not exactly the right thing to do).

  • Q&A

    Ireland deceived the rest of Europe and now will get a prize for that. ;)

  • Good point.