Profesional View: Commission probe unlikely to bear fruit
The European Commission investigation into Ireland’s multinational tax dealings with Apple looks set to expand.
The European Commission’s investigation into Apple’s tax affairs started out as a narrow probe of a transfer pricing arrangement in place in Ireland back in 1991, but could
expand into a much broader trawl through Apple’s global
tax affairs.
The discussions from 1991 that took place between Apple’s tax advisers and the Revenue Commissioners were reported in a damning fashion by the Commission, but were short of what is required for an adverse ...