Apple CEO Meets EU Regulator, Apple CEO Tim Cook met with the European Commission’s antitrust arch Margrethe Vestager in Brussels today to altercate an analysis into the company's tax adjustment with Ireland, letters Bloomberg. Apple could owe added than $8 billion in aback taxes if the EU finds that it was accustomed actionable best tax terms.
“If the agency follows its own precedent” from contempo cases “and finer requires Ireland to appoint the approved tax rate, Apple will be searching at about 10 allotment credibility of tax on essentially added than a hundred billion dollars of accumulation from a decade of sweetheart deals,” said Alex Cobham, administrator of analysis at the Tax Justice Network.
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