EU’s Juncker: Apple Tax Decision is Clearly Based on Facts and Rules
According to a report from Reuters, EU chief Jean-Claude Juncker said the decision to make Apple pay $14.5 billion in unpaid taxes was not an attack on the United States.
Last week, EU antitrust regulators ordered Apple to pay the sum to the Irish government after ruling that a special scheme to route profits through the country was illegal state aid. Apple’s CEO Tim Cook dismissed the ruling as “total political crap” and vowed to fight the ruling. In a statement, he said:
“When you are accused of something that is so foreign to your values, it brings out an outrage in you. That’s how we feel. Apple has always been about doing the right thing, never the easy thing.”
Mr. Juncker said the ruling was clearly based on facts and was ‘not a decision against the United States of America’, pointing to the fact that EU Commission investigations on taxation had mainly targeted European companies in the past. The decision comes amidst a coordinated global initiative to crack down on tax evasion by multinational companies.