Apple CEO called the requirement of Europe to reimburse €13 billion in unpaid taxes “political shit”
Apple CEO Tim cook called “political crap” (total political crap) the European Commission’s decision to recover from his company’s 13 billion Euro in favor of the Irish authorities. According to him, Apple is unhappy with accusations of illegal actions on the part of the European Commission.
In an interview with Irish broadcaster RTE Tim cook expressed confidence that the decision about collecting of the penalty will be scrapped in favor of the Corporation. “We have not done anything illegal, and the Irish authorities have not done anything illegal,” – said the General Director.
“I think it’s the desire to redistribute the taxes that must be paid to US in the EU,” added cook. He stated that the reason for this decision of the Commission may be anti-American bias, noting that he would work closely with Ireland to try to reverse the decision.
Previously, Tim cook said that the decision of the European Commission “is unprecedented and has serious, far-reaching consequences”. He believes that the European regulator “, in fact, offered to replace the Irish tax legislation the Commission’s view on how the legislation should be.” Apple CEO stressed that the most negative consequences of the EC decision will have for investment in Europe.
On 30 August the European Commission issued a decision on the penalty to the American company Apple in the amount of €13 billion in unpaid taxes from activities in Ireland. According to the results of the Antimonopoly investigation, the iPhone maker has received unjustified tax benefits in Ireland, which allowed him to pay significantly less tax than their competitors. According to the EU, by the decision of the government of Ireland in 1991 and 2007 of the company was allowed to reduce the size of tax deductions in this country.
In accordance with EU legislation, the tax authorities of individual countries have no right to provide tax credits to companies because it is considered illegal state aid.