EU just basically fining American companies as side hustle now. Nvidia will be next soon
Ilikeyoubignose on
Will no doubt end up settling for a dollar fiddy.
Obvious_Scratch9781 on
I don’t know the details from the actual trial and going just off the article and what I’ve followed through the years, but it seems like Ireland let them do certain things tax wise and the EU isn’t happy with the tax haven Ireland setup. So now it’s Apple’s problem that a government screwed up. Seems messed up. Granted Apple has the cash to cover it but imagine it was smaller businesses where the EU was like oh sorry about that but that country where you followed the law was wrong.
The ECJ said its decision on the matter was final and that “Ireland granted Apple unlawful aid which Ireland is required to recover”.
3 Comments
EU just basically fining American companies as side hustle now. Nvidia will be next soon
Will no doubt end up settling for a dollar fiddy.
I don’t know the details from the actual trial and going just off the article and what I’ve followed through the years, but it seems like Ireland let them do certain things tax wise and the EU isn’t happy with the tax haven Ireland setup. So now it’s Apple’s problem that a government screwed up. Seems messed up. Granted Apple has the cash to cover it but imagine it was smaller businesses where the EU was like oh sorry about that but that country where you followed the law was wrong.
The ECJ said its decision on the matter was final and that “Ireland granted Apple unlawful aid which Ireland is required to recover”.