> Posts tagged "Base Erosion and Profit Shifting (BEPS)"

State aid: Ireland gave illegal tax benefits to Apple

he European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid. Commissioner Margrethe Vestager, in charge of

European Commission: The Anti Tax Avoidance Package – FAQ

tax ruling tax evasion vat corporate multinationals companies profit

1. Why has the Commission made the fight against corporate tax avoidance a priority? orporate tax avoidance deprives public budgets of billions of euros a year, creates a heavier tax burden for citizens and causes competitive distortions for businesses that pay their share. It also undermines the EU goals of growth,