European Ruling Highlights Apple’s Corrupted Business Model

By William Lazonick

“The European Commission’s decision to serve Apple with a 13 billion euro tax bill represents a step forward in compelling multinational companies to pay the taxes that they owe in the countries in which they do business. The Commission has determined that tax deals between Apple and the Republic of Ireland as far back as 1991 violated the tax laws of the European Union, of which Ireland is a member state.”…

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