But the EU has had enough:
Europe’s antitrust enforcer ordered Ireland on Tuesday to claw back billions from Apple over illegal tax breaks, a move that will ramp up trans-Atlantic tensions over how much global companies should pay to countries where they do business. . . .I obviously don't know if this decision is according to law, but it feels like just desserts to me. Apple benefits more than almost anyone else from the neoliberal global economic regime, so they can damn well pay their share of the cost of maintaining it. From each according to his abilities, as a famous political thinker once said.
The clawback from Apple, which covers 10 years of back taxes of up to 13 billion euros, or about $14.5 billion, from Apple, is the largest of its kind since the European Commission, the executive arm of the 28-member union, started going after member states that favored selected companies.
4 comments:
Another excellent reason for Ireland leaving the EU.
The Irish themselves flatly do not want to leave the EU, of course, but that's neither here nor there I suppose? It is enough that the Novye Russkie and the Bratva want it for them, no?
"The Irish themselves flatly do not want to leave the EU, of course"
-They will soon enough. A majority in France already want to leave, despite France being a founding member.
It will be interesting to see how Ireland reacts to the EU overruling internal (state) tax policy.
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