Published in News

Apple’s Irish pot o’gold might end soon

by on29 September 2014



Rainbow’s end

Apple has been raking it in by using tax sweeteners and other assistance thanks to its chums in the Irish government. 

Now it seems that the EU is wondering if it is a bit unfair to European companies and countries that Apple should be building its business at their expense. The European Commission will publish on Tuesday its reasons for opening an in-depth inquiry into Irish government aid to Apple, a Commission spokesman said. 

Antoine Colombani, spokesman for Competition Commissioner Joaquin Almunia, said the Commission would publish a "non-confidential version of its decision" to open the probe.

To be fair it is not just Apple which has been milking the system and not just Ireland. The Commission announced it was investigating Ireland, the Netherlands and Luxembourg over deals they have cut with Apple, Starbucks and Fiat.

Fiat at least is the only European company which seems to have cut a deal with a government, worthy of an investigation.

Rate this item
(0 votes)