Linked by Thom Holwerda on Wed 4th Oct 2017 11:06 UTC

The European Commission has concluded that Luxembourg granted undue tax benefits to Amazon of around €250 million. This is illegal under EU State aid rules because it allowed Amazon to pay substantially less tax than other businesses. Luxembourg must now recover the illegal aid.

Remember when Tim Cook lied about the EU only going after Apple because Apple is big? Apple's illegal deal with Ireland is just one on a long, long list of illegal deals the EU is cracking down on.

Anyway, speaking of the 13 billion euro Apple stole from EU citizens:

The European Commission has decided to refer Ireland to the European Court of Justice for failing to recover from Apple illegal State aid worth up to €13 billion, as required by a Commission decision.


Today, more than one year after the Commission's decision, Ireland has still not recovered any of the illegal aid. Furthermore, although Ireland has made progress on the calculation of the exact amount of the illegal aid granted to Apple, it is only planning to conclude this work by March 2018 at the earliest.

The crackdown on these illegal tax deals hopefully only represents the first step in cracking down on the grotesquely questionable conduct of large technology (and other sectors) companies. Backroom deals between governments and powerful corporations so they can effectively avoid paying any taxes while the rest of us do our civic duty by paying our taxes to pay for our schools, roads, hospitals, police, firefighters, and so on are a travesty.

If Apple, Amazon, Google, and others want to make use of the juicy fruits of European welfare states, they better start paying their fair share.

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Member since:

You can not blame a company for trying every LEGAL loophole to avoid taxes!

And if Ireland tells me, my plans are ok with them, who am I to doubt the Irish tax-bureau on that matter?

Our European governments are to blame - and only they!

Reply Score: -1

Thom_Holwerda Member since:

And if Ireland tells me, my plans are ok with them, who am I to doubt the Irish tax-bureau on that matter?

If a local government official tell you it's okay to give him favours, but the national/federal government finds out and prosecutes you for bribery, you're still f--ked.

Apple paid an effective tax rate of 0.005%. It knew damn well what it was doing.

Edited 2017-10-04 13:48 UTC

Reply Parent Score: 3

cybergorf Member since:

Since there is no European Ministery of Finance or something like that, yes, every company has to deal with the local authorities in that matter.

And these are the only ones to blame.
Top 3 of European Tax-Avoiding-Helpers:


Edited 2017-10-04 19:57 UTC

Reply Parent Score: 3

Lennie Member since:

As a fellow Dutch citizen.

Be careful what you wish for The Netherlands does a lot of deals themselves and is making good money with it. I think in the case of/for The Netherlands it is financially positive they do this.

It's ethically not a great position to be in. Obviously.

Reply Parent Score: 3