Apple’s €13 billion: Yours? Mine? Whose?

Following the EU Commission’s findings released on 29th August, Irish politicians and commentators, as well as some further afield, have struggled to find the correct response. In the end the Irish government agreed to join Apple in lodging an appeal against the findings. The methods that Apple, and some other large corporations, use in order to avoid paying tax are well enough documented. A complex series of financial transfers enables Apple to show the greater portion of its profits as eligible for tax in a jurisdiction where the tax rate is zero. It pays tax in Ireland at 12.5% on … Continue reading Apple’s €13 billion: Yours? Mine? Whose?