Apple: is coming from the EU a blow-billion for the narrow tax treaty with Ireland – Rai News

The European Commission could force Cupertino to recover, and then to pay in full as far eluded thanks to a tax ruling considered illegal by Brussels. The EU Antitrust announce that Ireland has assured the house iPhone unlawful state aid in the form of tax breaks in exchange for the creation of jobs in the country

Apple, company logo, store, New York (GettyImages)

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29 August 2016 Apple risks being delivered, just over a week after the submission of the iPhone 7, an account of several billion euro for the narrow tax treaty with Ireland for pay less tax.

‘Waiting for tomorrow, unless last minute changes, an EU Commission decision that could force Cupertino to recover, and then to pay in full as far eluded thanks to a tax ruling considered illegal by Brussels. A decision that reflects those already taken by the EU Commissioner Margrethe Vestager competition for Fiat in Luxembourg and Starbucks in the Netherlands in October last year.

The ‘maxi-fine’ that Brussels is preparing to impose Apple , according to Bloomberg citing sources familiar with the matter, it will be a “billion euro” as the EU Antitrust announce that Ireland has assured the house dell’Iphone illegal state aid in the form of tax breaks in exchange for the creation work in the country. According to the ‘Financial Times’, the verdict of the Committee, laid in 130 pages, Cupertino realizes that it would pay a tax rate of less than 1% on European sales, compared to 12.5% ​​however in force in Ireland. In recent days, it was also circulated an estimate of JPMorgan that, in the worst case, Apple would be called upon to pay out well 19mld dollars.

No coincidence that just last week the US Treasury, after many ‘ big ‘Use ended viewfinder Antitrust EU, published a’ white paper ‘in which he harshly attacked the Commission for having transformed into “a supranational fiscal reviewing the decisions of the member states” tax on income d ‘company. And, indeed, to Washington this “change of approach” sets “an unwelcome
precedent that might encourage other tax authorities” to impose “retroactive recoveries broad and punitive to the company.”

The investigation Apple had been opened in June 2014 still under the former competition Commissioner Joaquin Almunia, along with those on tax ruling granted to Starbucks from Holland, Fiat Finance & amp; Trade Luxembourg, while a few months later, in October, had been opened that always linked to the Grand Duchy of Amazon. Commissioner Vestager, who took over the reins of the investigation, in October last year has led to the conclusion of the investigation Fiat and Starbucks, considering the tax benefits granted as a fact of state aid that avvantaggiavano illegally compared to other companies and to pay the amount not paid for a total of 20-30mln of euro each. The Commissioner then opened last December an investigation into the tax treatment granted to McDonald’s once again from Luxembourg.