(Boursier.com) – The European Commission has decided to strike hard against Apple’s tax practices! Brussels tomorrow to unveil the details of its investigation, and it is preparing to indict the firm at the apple to have benefited for more than 20 years of illegal tax agreements with the Irish government says the Financial Times of the Day .
Brussels suspect these agreements to be equivalent to an illegal state aid, which could be fined billions of dollars to the inventor of the iPhone, according to sources cited by the British financial daily.
Apple is also covered by the United States Senate
The first findings of the investigation by the European Commission denounced specific agreements concluded in 1991 between the State Irish and Apple, which resulted in a tax rate of only 2% on profits of US-based rates. This rate is much lower than that of 12.5% applied to other companies based in Ireland, which, however, is already the most advantageous rates in Europe …
The European authorities have opened the year last a full investigation into Apple’s tax practices, following the publication in May 2013 of a damning report from the Senate on tax evasion American groups. Apple was then alleged to have siphoned billions of dollars out of the United States to take advantage of more favorable tax regimes in other lands.
Fiat Starbucks and also in the sights of Brussels
Apple has so far denied everything all the charges, claiming to have paid all the taxes he owed. Asked by the Financial Times, CFO Luca Maestri Apple said that “there was never any special agreements (between Apple and Dublin), there has never been anything that can be treated as state aid. “
Note that the momentum, Brussels also investigating whether specific Similar agreements have been made between the American coffee chain Starbucks and the Dutch government, and between Luxembourg and Fiat Finance and Trade, the financial subsidiary of Fiat …
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