Thursday, September 1, 2016

Cook said that the EU decision on Apple’s “political garbage” – Yahoo Finance Spain

DUBLIN (Reuters) – The decision by the European Union to impose Apple payment of 13,000 million euros in taxes is “political garbage”, said Thursday its CEO Tim Cook in an interview with a newspaper, counselor and added that anti-American bias might also have influenced.

in a different interview on a radio said would boost tax your company repatriating billions dollars in benefits to the United States next year.

on Tuesday, the European Commissioner for EU Competition, Margrethe Vestager, questioned how anyone could think it was just an agreement that allowed Apple to pay a fee tax of 0.005 percent, as did the Irish principal subsidiary of Apple in 2014.

“they just picked the figure out of nowhere,” Cook told the Irish Independent, and estimated that the payment of average taxes annual Apple on their profits is 26 percent.

Cook said he would battle with Ireland to annul the decision, he said he had “no legal or factual basis.” Is by far the largest antitrust fine imposed on a company by the EU.

“Nobody did anything wrong here and we need to stick together. Ireland is being harassed and that is unacceptable,” Cook told the newspaper, adding that prejudice against US multinationals could have been a factor in the decision to impose payment.

“I think Apple has been a target here,” he said. “And I think (the anti-American sentiment) is one of the reasons why we have been a goal,” he added.

“I think it’s a desire to redistribute taxes that would be payable in the United States in the EU “he added.

in an interview with Irish state broadcaster RTE, Cook said that part of the taxes in 2014 would be paid next year when the company repatriate billions of dollars of benefits to the United States year .

Apple was about 181,000 million accumulated profits outside the US, more than any other US company, according to a study published last year by two groups of left-wing non-profit, a policy that critics say which is designed to avoid paying taxes in the US.

“we have paid 400 (million) to Ireland (in 2014), we paid 400 US and we have provisioned several billion dollars to US for payment as soon as repatriemos, and now believe that repatriation will occur next year, “Cook told RTE.

Cook also told RTE that he was very sure his appeal would succeed and added that Apple was committed to expanding its operations in Ireland despite the EU decision

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