Apple's Cook calls European tax ruling 'total political crap'<article>
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<p>The European Commission's decision to force Apple to pay Ireland billions of dollars in back taxes is "total political crap" and a reflection of anti-U.S. sentiment, company CEO Tim Cook told the Irish Independent in an
interview published Thursday.</p><p>"No one did anything wrong here," Cook said. "Ireland is being picked on, and this is unacceptable."</p><p>The EC
ruled on Tuesday that Ireland gave Apple illegal tax benefits by not collecting €13 billion ($14.5 billion) in taxes owed to it over a 10-year period. It was the culmination of a two-year investigation into the company's tax affairs that found Apple's effective tax rate on profit reported in Ireland was just €500 per million euros in profit, falling to €50 per million in 2014.</p><p class="jumpTag"><a href="/article/3114718/government/apples-cook-calls-european-tax-ruling-total-political-crap.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>
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Apple's Cook calls European tax ruling 'total political crap'
