W3Schools

Apple CEO Tim Cook on EU’s tax ruling: ‘Total political crap’

Apple is the victim of anti-U.S. bias and the European Union’s 13 billion-euro back tax ruling is “total political crap,” according to the iPhone maker’s chief executive, Tim Cook.

In an interview with the Irish Independent, the Apple AAPL, +0.09% boss firmly defended the company’s tax arrangement with Ireland, which, according to the EU, allowed the iPhone maker to pay substantially less tax than other businesses.

“No one did anything wrong here, and we need to stand together. Ireland is being picked on, and this is unacceptable,” he said in the interview published Thursday.

Ruling that Apple’s Irish tax deal constituted illegal state aid, the EU’s antitrust commission on Tuesday ordered Ireland to recover as much as 13 billion euros ($14.5 billion) in taxes from the tech giant.

>>> Original Source <<<

Comentários