LANDMARK APPLE CASE WILL SHAKE UP GLOBAL TAX SYSTEM, ACCOUNTANTS WARN
September 1st, 2016
The European Commission’s decision on August 30 to order United States (US) tech giant Apple to repay Ireland a record-breaking EUR13 billion in back taxes will make waves in the tax and accounting world, experts have told Accounting & Business Ireland.
“This is a showcase, with the Commission wanting to stop countries competing with each other for tax advantages and lower tax rates for multinationals,” said Sonny Luypaert, from Dutch legal advisers and consultancy firm Ebben Partners.
“This is why I think that the Irish government was also involved ...
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