Tuesday, August 30, 2016

The apple of discord – Portafolio.co

There are fines and penalties that just imposed the European Commission to Apple, the firm that is a must in the world of reference the technology. According to the Commissioner responsible for competition in the EU bloc, the US company must pay 13,000 million euros in back taxes plus interest to Ireland, where is the seat of operations in Europe.

In the determination, the reactions were swift. The company, whose apple logo is universally known- said the ruling “has no basis either in the facts or the law.” Meanwhile, the Treasury Department in Washington said that what happened can adversely affect the links with Brussels.

More striking is that the government in Dublin said it would appeal the verdict to the European Court, which it is in Luxembourg. Although raise such money would be like winning a lottery, the Irish position is that there are no irregularities, as part of its development strategy is to lower taxes to attract clusters of the first order.

which is at stake is a background theme. On the one hand, the debate focuses on the powers has a supranational body to interpret the rules of one of the member states of the club of 28 nations. The other, is the discussion regarding the movements that make multinationals to reduce taxes in charge.

For example, the Commissioner said that Apple canceled 50 euros per million profit. This calculation has no head or tail, according to the company, so the next step is up to the courts. While waiting for the final word, the controversy still hot because there is a lot of money on the table.

ricavi@portafolio.co
@ravilapinto

LikeTweet

No comments:

Post a Comment