Quantcast
Channel: Apple – POLITICO
Viewing all articles
Browse latest Browse all 103

Apple CEO: EU ‘intentionally misleading’ on taxes

$
0
0

Apple CEO Tim Cook accused the European Commission of having “ignored” Apple tax data to reach “intentionally misleading” tax conclusions.

In an interview that was published today in the Irish Independent today Cook said:  “In addition to $400 million Irish tax in 2014, we [Apple] also paid taxes in the countries where we have the final sale of our product or service,” Cook told the Irish daily.

He added: “Those tax rates vary by country because each country gets to select their own rate. In addition to those two taxes […] Apple’s profits on a worldwide basis are subject to additional U.S. income taxes.”

“The Commission totally ignored two out of three of those taxes paid, and chose a number other than the $400 million,” he concluded.

The interview with Cook’s that was published today follows a first interview Apple’s CEO gave last week to the same Irish daily in which he called the tax accusation put forward by the European Commission “total political crap.”


Viewing all articles
Browse latest Browse all 103

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>