We knew that he had been in the “eye of the hurricane” for some time and even Tim Cook had to testify at the time before the European Commission about the tax relationship that Apple had with the Irish government. And now it seems that the fine is going to arrive and it is going to be several billions of euros.
For those of you who don’t know, Apple has its European headquarters in Cork, Ireland. From there all the sales of the Apple Stores of this old continent are centered , either online or physical. And this is due solely and exclusively to the low tax burden in this country .
Apple has always claimed that she pays every euro of taxes she has with the Irish government, but it remains to be seen whether the tax level is correct . We are talking about this level being less than 2 percent. It is being investigated whether this level could be considered as an aid from the Irish government.
It would not be the first time that the European Commission declares this type of practice illegal . Not long ago Brussels forced the Basque shipyards to return a series of aids they received from the Basque Government. We shall see what Brussels finally decides.