Apple: Competition law is Europe’s weapon of choice
The EU has long tried to control member states’ tax laws - and now it has finally found a way to do it
The European Commission’s ruling on Apple has revolutionised the EU’s fight against international corporate tax avoidance, and potentially the entire trajectory of European integration.
Put simply, Ireland allowed Apple to allocate profits into a stateless company that effectively paid no tax, and this has been found to be a form of illegal state aid.
The implication is radical and simple: member states that facilitate multinationals to pay less tax than the...
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