Apple CEO Tim Cook has responded to the European Commission ruling on Apple’s tax affairs in Ireland calling it ‘total political crap’.
The Apple CEO has said that Ireland is being picked on by the EU regulators as part of a wider agenda to harmonize tax throughout Europe.
I think we’ll work very closely together, as we have the same motivation. No one did anything wrong here and we need to stand together. Ireland is being picked on and this is unacceptable.”
Mr Cook strongly rejected the assertion by European Competition Commissioner Margrethe Vestager that Apple paid just 0.005pc tax in Ireland in 2014.
“They just picked a number from I don’t know where. In the year that the Commission says we paid that tax figure, we actually paid $400m. We believe that makes us the highest taxpayer in Ireland that year.”
“It’s total political crap,” he said.
The EU regulators have said that Ireland needs to charge Apple around €13 billion in tax, both the Irish Government and Apple aim to take the case to court.
Source IndependentFiled Under: Apple