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Title: Apple's Cook calls European tax ruling 'total political crap' Post by: HCK on September 05, 2016, 04:05:14 pm Apple's Cook calls European tax ruling 'total political crap'
<article> <section class="page"> <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 (http://www.independent.ie/business/irish/no-one-did-anything-wrong-here-and-ireland-is-being-picked-on-it-is-total-political-crap-apple-chief-tim-cook-35012145.html) 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 (http://www.cio.com/article/3113933/apple-must-repay-145-billion-in-underpaid-taxes-in-ireland.html) 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> Source: Apple's Cook calls European tax ruling 'total political crap' (http://www.macworld.com/article/3114718/government/apples-cook-calls-european-tax-ruling-total-political-crap.html#tk.rss_all) |