LurkerJ on 30 August 2016
So the EU is coming after tax havens now?
The EU was happy as a clam with the arrangement for 20 years. They ran into financial problems and went looking for cash. The "rules" should've been enforced years ago, but I guess if they did it years ago they wouldn't have been able to ask for 10+ billions and Apple (+google+MS) would've taken their business elsewhere.
This does seem like the old "bait and switch" with Ireland promising tax relief for jobs and then the EU coming in YEARS later and saying, "Wait a minute Ireland - You cannot do that!"
Anyhow, This will be in the courts on for at least a decade. Both Apple and Ireland have already announced appeals.
