Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Vestager won't loose, among other things, because Apple will almost certainly fold like a wet napkin once their lawyers get a good grip on the case. The problem is that if their tax setup in Ireland is legit, their use of the European transfer pricing mechanism is not. Because they would be transferring their profits out of the union into an office domiciled nowhere, which is most definitely illegal, at which point they get hit with back taxes not in Ireland at a low 12.5 %.. but in Germany. France. And everywhere else they sold their products, at those, far higher rates.

Hattip to:
I very strongly recommend reading it. Well written, very persuasive.

by Thomas on Sun Sep 4th, 2016 at 09:39:51 PM EST
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