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Apple Ordered to pay EU $14.5 billion in back taxes

#18
(This post was last modified: 08-30-2016, 07:49 PM by badger.)

I think what's happening here is not a concern for American taxpayers. This is a concern for their own wallets. Politicians and lobbyists for a long time have been trying to come up with a solution for corporations to "repatriate" foreign funds with minimal tax, which if ever done successfully would result in some back room kickbacks (i imagine).


They see the EU ruling as an attack on funds that they are trying to have returned here. That's what it's about i think. Not a shift in tax burden, but a downer on their future plans.
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Apple Ordered to pay EU $14.5 billion in back taxes - by badger - 08-30-2016, 07:45 PM



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