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Title: News: Apple appeals $14 billion EU tax ruling Post by: HCK on December 20, 2016, 04:05:26 pm News: Apple appeals $14 billion EU tax ruling
Apple has submitted its appeal of the EU’s $14 billion tax judgment, claiming the ruling ignores advice from tax experts and singles out Apple unfairly because of its success, Reuters reports. The European Commission said Apple paid substantially less than other companies in Ireland due to a preferential deal, ending up with a corporate tax rate of no more than 1 percent, while other companies pay around 12.5 percent. But Apple General Counsel… Source: News: Apple appeals $14 billion EU tax ruling (http://www.ilounge.com/index.php/news/comments/apple-appeals-14b-eu-tax-ruling) |