Reply to post: Re: Popcorn time

Europe to order Apple to cough up 'one beeellion Euros in back taxes'

Charlie Clark Silver badge

Re: Popcorn time

I doubt this very much. Ireland already has a very low corporate tax rate, which is one of the reasons why so many US companies set up their European operations there. But Apple negotiated an even lower rate. The European Commission quite rightly interprets this as a subsidy which gave preferential treatment to Apple.

I expect Apple to pay in full and tell the US govt to shut up and get on with reforming its own rules corporation, especially the parts pertaining to repatriation of earnings.

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